20-05-2025
Options Traders Bet Euro Rally Has Further to Run Ahead of G-7
Traders are growing more confident that the euro's rally has further to run, with upbeat signals emerging just as Group-of-Seven finance ministers and central bank governors meet in Canada.
Data from the Depository Trust & Clearing Corporation show that bullish euro bets through options outpaced bearish ones Monday by the second-widest margin in a month. Meanwhile, demand for options that target a stronger euro was at the highest year-to-date early Tuesday, with many hedge funds eyeing gains past $1.20, said FX traders familiar with the transactions who asked not to be identified because they aren't authorized to speak publicly.
