Options Market Signals Volatility on French Vote Likely to Last
- Traders position for weaker euro against dollar, Swiss franc
- French benchmark option volatility premium over Germany soars
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A surprise election in France, a UK vote and a contentious US presidential debate have brought politics to the attention of traders just as summer vacations are getting started.
French voters are going to the polls starting June 30, with UK elections July 4. Before that, US candidates Joe Biden and Donald Trump square off late Thursday ahead of their rematch in November.