The VaR (value at risk) is starting to decrease. The VaR is a coincident indicator, it responds as the market moves. Volatility is still below the daily average, and the mean volatility is 124 pips today. It is a decreasing function from a peaking between June 2 and 9. The current sell off is very orderly. I prefer to sell into orderly markets. If you prefer high volatility you might look into cable yen.