OctaFX | OctaFX Forex Broker
Open trading account
Back

GBP/USD options: bearish bias weakest since Aug. 31

The GBP/USD one-month 25 delta risk reversals (GBP1MRR) are currently trading at -0.75 - the highest level since Aug. 31.

The negative number indicates a bias for a weaker pound. The bearish bias, however, has weakened significantly in the last few days, as the risk reversals stood at -1.85 in early December and at -2.68 in mid-November.

Moreover, the rise from -2.68 to -0.75 represents a slide in the implied volatility premium or a drop in demand for put options.

GBP1MRR

US President Trump to meet with Congressional leaders on Wednesday at 2000 GMT

Reuters reports that the US President Trump will meet with Congressional leaders on Wednesday at 3 PM Washington Time (2000 GMT). The meeting is like
Read more Previous

AUD/USD seen at 0.7400, Kiwi at 0.7000 by end-2019 – Reuters poll

A Reuters poll of up to 53 analysts showed that a majority of them slashed their price-forecasts on the Antipodeans from a month earlier, mainly in re
Read more Next
Start livechat