The Zhitong Finance App learned that due to speculation that Republican presidential candidate Trump will win the US presidential election next month, hedge funds are increasing their bets on rising exchange rates of the US dollar against the renminbi, the euro, and the Mexican peso. Traders said that in the foreign exchange options market of more than 300 billion US dollars, US dollar call options are becoming more and more popular, and if the exchange rate of the US dollar rises against other currencies threatened by tariff policies, the value of these options will rise.

Zhitongcaijing · 10/16 06:25
The Zhitong Finance App learned that due to speculation that Republican presidential candidate Trump will win the US presidential election next month, hedge funds are increasing their bets on rising exchange rates of the US dollar against the renminbi, the euro, and the Mexican peso. Traders said that in the foreign exchange options market of more than 300 billion US dollars, US dollar call options are becoming more and more popular, and if the exchange rate of the US dollar rises against other currencies threatened by tariff policies, the value of these options will rise.