Traders Bet on Rollercoaster for Euro
- Analysts see risk of common currency falling to dollar parity
- Demand for options on wider trading ranges is surging
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Traders are betting on bigger swings in the euro as the currency market wagers that the next focus of US President Donald Trump’s tariffs is Europe.
The common currency has already experienced the most volatility since 2022 in the past week, as US threats and the imposition of some trade tariffs turned to retaliations and delays. Now demand for options that pay out if recent trading ranges widen further is surging.