The Zhitong Finance App learned that after experiencing a historic sharp decline in the exchange rate of the euro against the British pound, options traders are planning a further rebound in the euro, betting that the euro had previously taken into account the risks surrounding the situation in France. As an indicator of market positions and sentiment, EUR/GBP risk reversal options (Risk Reversals) have risen to the most bullish level for the euro since the beginning of October, indicating that the market's demand for upward exposure to the euro is increasing.

Zhitongcaijing · 1d ago
The Zhitong Finance App learned that after experiencing a historic sharp decline in the exchange rate of the euro against the British pound, options traders are planning a further rebound in the euro, betting that the euro had previously taken into account the risks surrounding the situation in France. As an indicator of market positions and sentiment, EUR/GBP risk reversal options (Risk Reversals) have risen to the most bullish level for the euro since the beginning of October, indicating that the market's demand for upward exposure to the euro is increasing.