{"id":11991,"date":"2020-09-02T04:38:02","date_gmt":"2020-09-02T04:38:02","guid":{"rendered":"http:\/\/emilynews.com\/blog\/?p=11991"},"modified":"2020-09-09T04:26:11","modified_gmt":"2020-09-09T04:26:11","slug":"news-commentary-1153-gissis-bets-on-euro","status":"publish","type":"post","link":"https:\/\/emilynews.com\/blog\/?p=11991","title":{"rendered":"News Commentary #1,153 \u2013 Gissis | Bets On Euro?"},"content":{"rendered":"<p><a href=\"https:\/\/emilynews.com\/link.php?id=1325\" target=\"_blank\" rel=\"noreferrer noopener\" data-rich-text-format-boundary=\"true\">Gissis <\/a>(reviewed <a href=\"https:\/\/emilynews.com\/blog\/?p=9201\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>) recently brought more news from the global economy. This should probably be of interest mainly to members from Europe and the US, or if you are a person <span class=\"tlid-translation translation\" lang=\"en\"><span class=\"\" title=\"\">who prefers to be aware of macro trends<\/span><\/span> and movements in fiat currencies around the world.<\/p>\n<p><a href=\"https:\/\/emilynews.com\/link.php?id=1325\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-9164\" src=\"http:\/\/emilynews.com\/blog\/wp-content\/uploads\/2019\/11\/gs468.gif\" alt=\"\" width=\"468\" height=\"60\" \/><\/a><\/p>\n<p>Let&#8217;s read:<\/p>\n<blockquote>\n<h3 class=\"subtitle\">Euro Revives Global Challenge for the Dollar\u2019s Currency Crown<\/h3>\n<div>\n<div>Europe\u2019s resurgent common currency is looking powerful enough to get people talking about \u2018King Euro\u2019.<\/div>\n<div>\u00a0<\/div>\n<div>The currency has rallied more than <strong>10%<\/strong> since virus turmoil shook global markets in March, buoyed by the European Union\u2019s policy response to the crisis and as rock-bottom interest rates in the U.S. weaken the dollar. Hedge funds are now betting on another jump higher to $1.25 after U.S. elections, with options seeing the most bullish August on record.<\/div>\n<div>\u00a0<\/div>\n<div>It\u2019s part of a wider trend that\u2019s got Mizuho International strategists bestowing the title of king of currencies on the euro &#8211; an accolade normally reserved for the greenback &#8211; as uncertainty around November\u2019s U.S. presidential vote helps to further burnish the appeal of European assets.<\/div>\n<div>\u00a0<\/div>\n<div>\u201cBuilding expectations for a Democratic sweep have likely played a role in weakening the dollar and strengthening the euro,\u201d said Lee Hardman, foreign exchange strategist at MUFG Bank Ltd. in London. \u201cWhether that continues ahead of the election will depend on whether the race tightens or not.\u201d<\/div>\n<div>\u00a0<\/div>\n<div>Either way, the vote is now the key event on traders\u2019 horizons. Option markets show investors bracing for turbulence in the euro-dollar pair three months from now, then seeing volatility cool off gradually.<\/div>\n<div>\u00a0<\/div>\n<div>That\u2019s not stopping hedge funds from betting the euro will trade above $1.25 after the elections, according to traders and brokers in Europe familiar with the transactions.<\/div>\n<div>\u00a0<\/div>\n<div>Renewed optimism for the euro\u2019s prospects is also being reflected in options trades that have gone through the Depository Trust &amp; Clearing Corporation this month. August has seen the greatest demand for exposure to euro gains since Bloomberg began compiling data, at twice the volume of bets on a downturn.<\/div>\n<div>\u00a0<\/div>\n<div>Some investors are placing sizable bets for an even bigger surge to $1.28 next year. That would be an 8% increase from current levels, and would take it to the highest since 2014. Other gauges of market positioning and sentiment for the next two years are flashing levels of bullishness on the euro seen only a few times in more than a decade.<\/div>\n<div>\u00a0<\/div>\n<div>Of course, other factors will also determine the euro\u2019s future, not least the extent to which the region\u2019s growth outpaces that of the U.S., and how well both sides of the Atlantic manage to control the continued spread of the coronavirus.<\/div>\n<div>\u00a0<\/div>\n<div>Stay up to date with <a href=\"https:\/\/emilynews.com\/link.php?id=1325\" target=\"_blank\" rel=\"noopener noreferrer\">Gissis Holding Company<\/a>!<\/div>\n<div><a href=\"https:\/\/emilynews.com\/link.php?id=1325\" target=\"_blank\" rel=\"noopener noreferrer\"><img decoding=\"async\" src=\"https:\/\/gissis.com\/GissisIMG\/EN_Gissis_Crown.jpg\" alt=\"\" \/><\/a><\/div>\n<\/div>\n<\/blockquote>\n<p>*********************************<\/p>\n<p>If one of the paying programs on our Monitor appeals to you, please support <em>EmilyNews<\/em> by registering for it on our website. Thanks very very much!<\/p>\n<p>EN web <strong>Support Chat<\/strong> for Hyips and Crypto &#8211; <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"http:\/\/emilynews.com\/chat\/hyips\/\">HyipChatEN<\/a><\/strong><\/p>\n<p>Telegram Chat for Crypto and Hyip reports: <strong><a href=\"https:\/\/telegram.me\/HyipChatEN\" target=\"_blank\" rel=\"noopener noreferrer\">@HyipChatEN<\/a><\/strong><\/p>\n<p>*********************************<\/p>\n<p>Be the first to get most important HYIP news everyday!<br \/>Simply Follow <a href=\"https:\/\/www.facebook.com\/EmilyNewsOnline\/\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline;\">EN Facebook<\/strong><\/a>, <a href=\"https:\/\/telegram.me\/emilynews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"color: #c03939; text-decoration: underline;\">EN Telegram<\/strong><\/a>, <a href=\"https:\/\/twitter.com\/EmilyHyipNews\" target=\"_blank\" rel=\"noopener noreferrer\"><strong style=\"text-decoration: underline; font-size: 1.3em;\">EN Twitter<\/strong><\/a><br \/>or Subscribe to <strong><a style=\"color: #c03939; text-decoration: underline;\" href=\"https:\/\/feedburner.google.com\/fb\/a\/mailverify?uri=Emilynews\" target=\"_blank\" rel=\"noopener noreferrer\">EN Feedburner<\/a><\/strong> and submit your email address!<\/p>\n<p>If you like this article and want to support EN &#8211; please share it by using at least few of social media buttons below. Thanks and See you tomorrow!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Gissis (reviewed here) recently brought more news from the global economy. This should probably be of interest mainly to members from Europe and the US, or if you are a person who prefers to be &hellip; <a title=\"News Commentary #1,153 \u2013 Gissis | Bets On Euro?\" class=\"exalt-read-more\" href=\"https:\/\/emilynews.com\/blog\/?p=11991\"><span class=\"screen-reader-text\">News Commentary #1,153 \u2013 Gissis | Bets On Euro?<\/span>Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":9188,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[4536,4500,4534,3471,4535,3475,3481,3480],"class_list":["post-11991","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-information","tag-gissis-crypto-fiat-news","tag-gissis-hyip-review","tag-gissis-hyip-status","tag-gissis-news","tag-gissis-news-hyip","tag-gissis-scam-or-paying","tag-gissis-com","tag-https-gissis-com-refemilynews","exalt-entry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>News Commentary #1,153 \u2013 Gissis | Bets On Euro? - EmilyNews<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/emilynews.com\/blog\/?p=11991\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"News Commentary #1,153 \u2013 Gissis | Bets On Euro? - EmilyNews\" \/>\n<meta property=\"og:description\" content=\"Gissis (reviewed here) recently brought more news from the global economy. 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