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A strong day for FX options volumes, with...>

OPTIONS
OPTIONS: A strong day for FX options volumes, with EUR/USD, GBP/USD, USD/CNY and
USD/ZAR all seeing trade volumes well ahead of your average Monday session
(despite some holidays across Europe and Canada). Options traders continue to
move against the single currency, with 1m and 1w risk reversals dropping to
levels not seen the bout of equity volatility in February. Italian political
uncertainty said to be the driver with implied vols rising across pretty much
all major currency pairs.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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