Euro/Dollar Options Up Amid Ongoing Greek Concerns @ Forex Factory

Euro/Dollar Options Up Amid Ongoing Greek Concerns

From efxnews.com

Euro/dollar options rose slightly in Asia on Tuesday as non-Japanese investors bet the euro will remain vulnerable to Greece-related headlines. With no end in sight to the uncertainty surrounding the Greek debt talks, investors believe the euro will find itself fluctuating for the time being, said a senior options dealer at a major bank in Tokyo. He added that "some non-Japanese market participants purchased a good amount of euro/dollar options," which are likely straddle deals. The options deale said as the RBA surprised financial markets Tuesday by keeping interest rates on hold, the ... (full story)

Posted: Feb 7, 2012 12:06am

Submitted by: eFx Newz

Category: Low Impact Breaking News
1,270 Views
2 Comments

Rob Mondave, daktobunker

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