Euro Sentiment Hits Most Bearish Level In 15 Months

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