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Euro traders are less gloomy on French vote than at first

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Investors in the currency options market are less worried about the outcome of the French election run-off than they were before the first round and the U.K.’s referendum on the European Union. The cost of owning put options on euro- dollar relative to calls is about 1.25 percentage points cheaper than it was in the run-up to the first round. Front-runner Emmanuel Macron is due to square off with anti-euro candidate Marine Le Pen in a television debate later Wednesday.

Source: Bloomberg

Jr Trader Alexander Kumanov


 Varchev Traders

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