Euro Forecast to Recover Against US Dollar on Options Sentiment (Daily FX via Yahoo! Finance)

Posted by admin on Mar 10th, 2010 and filed under Euro, US Dollar. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Forex options risk reversals show distinct risk that the US Dollar may slip further against the Euro, Australian Dollar and New Zealand Dollar through short-term trade. Indeed, traders have begun to aggressively bet on and hedge against further Euro strength via options, and recently one-sided speculative futures positioning shows distinct risk of near-term corrections.