Currency Traders Turn to Options Market for Geopolitical Havens

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 20 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Bloomberg Noticias

Safe Havens

(Bloomberg) -- Currency markets are in full risk-off mode amid fears of a widening conflict in the Middle East, with traders rushing for safe havens in both ...

-- Currency markets are in full risk-off mode amid fears of a widening conflict in the Middle East, with traders rushing for safe havens in both spot and options.The dollar gained versus all Group-of-10 currencies except for the Swiss franc and the Japanese yen on Friday, after reports that Israel launched a retaliatory strike on Iran. The Bloomberg Dollar Spot Index rose for a seventh day in eight.Options also point to a rush for safe havens.

The developments fueled volatility in oil-linked currencies as crude briefly soared above $90 a barrel. The cost of hedging one-week moves on the Canadian dollar rose the most in 15 months on Friday, while Norwegian krone volatility headed for its second-biggest gain this year. Net Worth for Baby Boomers: How To Tell Whether You’re Poor, Middle Class, Upper Middle Class or Rich

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 47. in ES
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

España Últimas Noticias, España Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Currency Traders Turn to Options Market for Geopolitical HavensCurrency markets are in full risk-off mode amid fears of a widening conflict in the Middle East, with traders rushing for safe havens in both spot and options.
Fuente: BNNBloomberg - 🏆 83. / 50 Leer más »