Institution: The surge in Euro Options trading increases the likelihood of continued pump in Europe and the United States.

Jin10 data June 27 news, in the forex options market, the trading volume of the euro on Thursday exceeded $56 billion, setting an astonishing record. This further indicates that investors are betting on the euro's potential for continued rise. Data shows that forex traders are focusing on euro call options, with the contract volume betting that the euro against the US dollar will break through the 1.20 mark climbing in the past week. This indicates that as the trade war and deepening fiscal concerns weaken the demand for the dollar, new funds are flowing into bullish euro strategies. Shoki Omori, chief strategist at Mizuho Securities in Tokyo, stated that euro long positions are moving forward at full speed, which is reflected in the current options market. If Trump really shuts down trade, the eurozone will become the largest economy outside the United States, and investors will look to invest in euros. Antonio Ruggiero, a strategist at the forex and global payments company Convera, stated that the geopolitical tensions and their traditional safe-haven appeal have almost completely faded, and the euro will continue to benefit from the prevailing bearish sentiment towards the dollar.