💶⚠️Options Market Turn More Euro Bearish: Cable FX Macro
- Rosbel Durán
- Mar 2
- 1 min read
After key geopolitical developments, the options market saw an increase in the premium to hedge EUR/USD downside, the move was mostly seen in the front-end of the curve.
As of Friday close, risk reversals in the 1m tenor ticked at 85bps in favour of EUR/USD puts, this was an increase of a little over 30bps on the week
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