Forex News: Euro Forecast to Recover Against US Dollar on Options Sentiment
March 11th, 2010 Posted in Market CommentsForex 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.
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