The euro ignores the effects of the France crisis and the options contracts show the optimism of investors

Currency contracts show a strong demand for the euro, and indicate that the common European currency can avoid the effects of the political crisis in France. Contracts that generate profits in the event of a height of the euro scored one of the most powerful trading sessions this month, according to the statements of the deposit and cleaning company “Deposit Trust & Clearing”. Meanwhile, French assets were expected to lead the vote to the government’s collapse. This durability indicates that traders handle the crisis as an internal issue, instead of viewing it a danger that can spread its effects in the wider eurozone. This is what happened last year when the big losses to French shares did not lead to the expansion of the differences in the yield compared to German bonds, except for limited fluctuations in the foreign exchange market. The euro drops against the dollar to the lowest level in 3 weeks. Investment and moral indicators are still prone to the same direction. France’s shares lead to a decline in European markets with a vote on government confidence. Details from here remain the difference between the opposite of the risks for a month for a positive week, highlighting the optimistic expectations until the end of the year, equivalent to the effects of short -term caution. The longest periods, clearly known as the ‘volatility’, reinforce this situation. In the immediate market of currencies, the movements of the dollar were the most important factor in determining the euro course, and is not concerned about the political and financial conditions in France. The euro rose 0.2% against the dollar on Tuesday, as anxiety over the risks surrounding the independence of the US Federal Reserve led to the fall in the green currency. The euro dropped to the lowest level in three weeks during the trade session on Wednesday, as the end of the month’s flow contributed to the recovery of the dollar, according to residents or their headquarters in Europe.