Market News
Cost of Dollar Hedges Soars to Highest Since Trump Election - BLOOMBERG
By Anya Andrianova and George Lei
Traders rushed to buy protection against dollar swings, pushing the cost of hedging to the highest level since Donald Trump’s election last November.
The cost of one-week option contracts tied to the Bloomberg Dollar Spot Index climbed for the third day in a row, and the eighth time in the last nine trading sessions, suggesting traders are positioning for more volatility ahead. The one-month hedge also rose.