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View Full Version : Options Causing US Dollar to Converge on 90 Yen, Saito Says - Bloomberg



NewsWhore
01-20-2009, 08:10 PM
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Options Causing US Dollar to Converge on 90 Yen, Saito Says (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601101%26sid%3DacfD2yDuov1Y%26refer%3Djapan&cid=0&ei=Dnd2ScbVFqaowAG--qn6BQ&usg=AFQjCNHp3L2_pZYYNyv3bVxkxYxfFoOToQ)
Bloomberg - 21 minutes ago
Sellers of dollar put options have an incentive to buy the dollar any time the currency approaches the strike price as the expiration date draws near. ...


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