One-month 25 delta risk reversals on AUD/USD (AU1MRR), a gauge of calls to puts, is currently trading at -0.70 in favor of puts (bearish bets) – the highest level since Dec. 19. While the negative number indicates the put options are still in demand, the bid has weakened in the last three weeks, as indicated by an improvement in risk reversals from -0.90 seen on Feb. 22. Also, the gauge has improved sharply from the low of -1.60 seen in the third quarter last year. So, it seems safe to say that bearish AUD sentiment is weakening even though the Aussie money markets are pricing in two rate cuts in the next 12 months. AU1MRR FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next Russia’s Novak: Talks need to be held in May to decide OPEC+ future output policy FX Street 4 years One-month 25 delta risk reversals on AUD/USD (AU1MRR), a gauge of calls to puts, is currently trading at -0.70 in favor of puts (bearish bets) - the highest level since Dec. 19. While the negative number indicates the put options are still in demand, the bid has weakened in the last three weeks, as indicated by an improvement in risk reversals from -0.90 seen on Feb. 22. Also, the gauge has improved sharply from the low of -1.60 seen in the third quarter last year. So, it seems safe to say that bearish AUD sentiment is weakening even… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.