Currency Volatility at a 10 year high!

If you've been trading currencies over the past few months you have seen a huge increase in volatility, thanks in large part, to the European debt crisis.  Here is a chart of the volatility (otherwise known as unpredictability) of the EURCHF currency pair for the past 10 years.  You can see even the 2008 global financial meltdown didn't produce such a level of riskiness.  Keep this in mind if your trading has been more volatile than you think it should be - it probably is!