Your article is confusing. There's a difference between Eurodollar and EUR/USD.
Euro/Dollar Options Up Amid Ongoing Greek Concerns
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 euro would likely fall as ... (full story)
- Posted: Feb 7, 2012 12:06am
- Submitted by:Category: Low Impact Breaking NewsComments: 2 / Views: 1,611