OctaFX | OctaFX Forex Broker
Open trading account

Gold risk reversals continue to collapse

There is no respite for gold bulls, indicates the drop in the risk reversals gauge to fresh 11-month low on Friday.

Risk reversals

The XAU/USD one-month 25 delta risk reversals fell to -1.45 on Friday; the lowest level since Jan. 4, indicating the demand for the downside bets (Put options) continues to rise.

With the Fed set to hike rates this week, the yellow metal could remain under pressure as suggested the falling risk reversals. As of writing, the yellow metal is at $1248 levels.

Expect NZD/USD to average 65.9 cents by Q4 in 2018 – ASB Survey

ASB Bank, a bank owned by Commonwealth Bank, operating in New Zealand, came out with its latest currency survey, which Surveys businesses' expectation
Read more Previous

NZD/USD fades a spike to 0.6865, softer China CPI, NZ growth outlook weigh

The NZD/USD pair broke its downside consolidative mode and broke higher in Asia this Monday, as the renewed US dollar weakness offset weak Chinese inf
Read more Next
Start livechat