The euro against the US dollar rebounded to a near one-week high, while a trader used 16x leverage to short the euro forex at the top.
BlockBeats news, on June 15, according to Hyperinsight monitoring, due to the weakening of the U.S. Dollar Index and a rebound in market risk appetite, the EUR/USD exchange rate briefly rose 0.46% this morning, reaching a high of 1.162, the highest point in nearly a week.
On Hyperliquid, a trader today opened a high-leverage EURUSD (Euro/USD) short position with 16x leverage, with a position size of approximately $620,000 and an entry price of $1.161. In addition, this address previously went long USD/JPY (U.S. Dollar/Japanese Yen) with 16x leverage, with a position size of about $430,000, showing an overall bullish view on the U.S. dollar.
In terms of news, easing U.S.-Iran tensions have pushed oil prices down and weakened the U.S. Dollar Index; last week the European Central Bank completed its first rate hike in nearly three years and raised its 2026 inflation expectations, providing some support for the euro.
Address: 0x9860d22febd4c46985af95fe7a8dbee7a6c55d19
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Qatar Energy chief refutes Besent: The Strait of Hormuz will never be "worthless"
Qatar's Minister of Energy, Saad Al Kaabi, stated that US Treasury Secretary Scott Besent's claim that the Strait of Hormuz will become "worthless" within two years is "incorrect."
Stacks crypto jumps 13% – Could STX bulls extend the price rally?
Tom Lee predicts the S&P 500 could surpass 8,200 points by the end of the year

Michael Saylor, BlackRock, Metaplanet, and Strive purchase Bitcoin
