How Amundi’s options strategy profited from dollar slump - Risk.net

Amundi's Options Strategy Profits from Dollar Slump

French asset manager Amundi grabbed euro call options at low prices in a tactical pivot for its FX absolute return fund.

Entering 2025, the prevailing macro theme was that the US dollar would continue its dominant path, driven by a booming equity market and a resilient labor market.

The US dollar was seen as a must-have hedging tool in most portfolios, due to years of US exceptionalism.

Risk.net reports on Amundi's strategy, which profited from the dollar slump.

Author's summary: Amundi profited from dollar slump with options strategy.

more

Risk Risk — 2025-10-13