PremiumEuro Sentiment Hits Most Bearish Level In 15 Months
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By Vassilis Karamanis, BLoomberg FX strategist and reporter
The euro’s volatility skew extends its shift lower, picking up pace once again this morning as the dollar remains better bid in G-10 space and French political risks lurk.
One-week risk reversals in EUR/USD trade at 85 basis points, puts over calls, the most since March 2023; the gauge traded at 25 basis points during Thursday’s London session