Analyst: Options market sentiment shifts positively, boosting the Euro

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Jin10 data reported on June 27, analyst Antonio Ruggiero from Convera stated in a report that the rise of the euro partly reflects a positive shift in sentiment in the options market. According to data from LSEG, the one-month and three-month euro risk reversals show that call options are more favored than put options. During the peak of the Iran-Israel conflict, this indicator showed a bearish tendency for the euro. If the market's optimistic sentiment towards the US trade agreement continues, the upward momentum of the euro may weaken. "However, the ongoing narrowing of the interest rate differential between the US and the eurozone will still provide a solid anchor for the euro."

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