OctaFX | OctaFX Forex Broker
Open trading account

USD/CNH risk reversals hit record low, point to more pain

Risk reversals on USD/CNH, a gauge of calls to put, plunged to record lows, indicating investors are adding bets to position for further strength in the offshore Chinese yuan (CNH).

As of writing, the one-month 25 delta risk reversals (CNH1MRR) are trading at a lifetime low of -0.688. Notably, the gauge stood at -0.20 on Jan. 4.

The negative number indicates that the demand for put options (bearish bets) is higher than that for calls (bullish bets).


AUD/NZD strung out in the middle near familiar support/resistance levels

AUD/NZD continues to trade just south of the 1.0600 level as the Antipodean trade back into resistance from November's swing lows. The pair saw a rap
Read more Previous

Sources: Iran's crude exports stay subdued in January despite waivers - Reuters

According to the tanker data and industry sources, cited by Reuters, the Iranian crude exports are seen severely curtailed severely curtailed for a th
Read more Next
Start livechat