CAD risk reversals drop to the lowest level since July 31. The gauge indicates the bearish CAD bias is weakest in over 10 weeks. Three-month CAD risk reversals (CAD3MRR), a gauge of calls to puts on the Canadian Dollar, dropped to the lowest level since July 31 on Monday, indicating the CAD bearish bias is weakest in at least 10 weeks. The gauge is currently seen at 0.125 – a level last seen on July 31 – having topped out above 0.37 in early September. The pullback represents a drop in demand or implied volatility premium for the CAD put options (bearish bets). That said, the positive number indicates the premium for puts is still higher than that for calls (bullish bets). The USD/CAD pair is currently trading largely unchanged on the day at 1.3230, having aborted the immediate bearish set up with an inside bar candlestick pattern on Monday. CAD3MRR 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 Tim Draper: Bitcoin will change how Governments operate FX Street 4 years CAD risk reversals drop to the lowest level since July 31. The gauge indicates the bearish CAD bias is weakest in over 10 weeks. Three-month CAD risk reversals (CAD3MRR), a gauge of calls to puts on the Canadian Dollar, dropped to the lowest level since July 31 on Monday, indicating the CAD bearish bias is weakest in at least 10 weeks. The gauge is currently seen at 0.125 - a level last seen on July 31 - having topped out above 0.37 in early September. The pullback represents a drop in demand or implied volatility premium… 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.
