Hedge Funds Eye Dollar Parity for Euro as Option Trades Boom

By Yahoo! Finance   |   2 days ago
Hedge Funds Eye Dollar Parity for Euro as Option Trades Boom

Hedge funds are bearish on the euro, predicting it could reach parity with the dollar or even drop further due to concerns about Europe's economic growth and potential US tariffs. The euro's decline this week reflects these worries, with options positioning adding to negative momentum. The euro traded around $1.

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