Euro Volatility Climbs as Greek Debt Negotiations Draw Scrutiny

Volatility in the euro against the dollar climbed for the first time in three days as Greece and its creditors struggled to make progress in debt negotiations.

The common currency’s two-week implied volatility, a measure of future price swings, climbed to 13.3 percent, exceeding this year’s average. The euro held gains even as officials hurled abuse at Greek Finance Minister Yanis Varoufakis behind closed doors as they shut down his bid to find a shortcut to releasing financial aid. German Chancellor Angela Merkel called for calm.