EUR/USD's options market positioning is stacked against euro

The options market is bearish on EUR/USD. 

The one-month risk reversal, which measures the spread between prices of calls and puts, is now seen at -0.30 versus -0.04 a week ago. 

The decline from near-zero level indicates a strengthening of demand for the put options or bearish bets, which give the holder the right but not the obligation to sell the underlying asset at a predetermined price on or before a specific date.