Random article: What is volatility?
Volatility is a statistical indicator that displays the degree of currency price dynamic. Volatility is considered one of the most important indicators that helps manage risks. Simply put, volatility is the difference between the minimum and maximum price in a specific time interval. Most often, traders observe daily volatility. In this case, the value of volatility will be the difference between the maximum and minimum price for the trading day.
You should understand that Forex is a market that is characterized by continuous changeable price movement. In this regard, the volatility for two different days, weeks or months may differ.