Forex Options Weekly Forecast
Forex options markets show that professional traders remain remarkably indecisive, and the lack of clear-cut sentiment on the US Dollar makes it difficult to set short-term expectations with any sense of certainty. More medium-term to longer-term options broadly favor US Dollar weakness. Yet it is important to point out that the currency recently set a bearish sentiment extreme across a broad swath of indicators, and we will be on the lookout for a turnaround in short-term USD expectations.
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