Euro's volatility against U.S. Dollar is near 4-month low

The Euro's volatility versus its U.S. counterpart was close to the weakest level in almost four months on Wednesday as investors expect that the European Central Bank will lower the benchmark interest rate further if the slump in the economy continues. The 17-nation bloc currency added 0.1% to $1.3092 from yesterday's level, while it was traded 0.4% lower at 129.53 yen.