On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 11. It was trading at 0.025 in favor of call options or bullish bets, which give the holder the right but not the obligation to buy the underlying asset at a predetermined rate on or before a specific date. The move coincides with EUR/USD’s rise to 1.10, which has put the bulls back into the driver’s seat, according to technical charts. The metric bottomed out at -3.85 on March 23. Risk reversals trade below zero when put option or bearish bets draw greater demand than calls. EUR1MRR 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 USD/JPY Price Analysis: Breaks 12-day-old supportline as risk aversion intensifies FX Street 3 years On Thursday, EUR/USD one-month risk reversals (EUR1MRR) crossed above zero or flipped bullish to euro calls – the first positive reading since March 11. It was trading at 0.025 in favor of call options or bullish bets, which give the holder the right but not the obligation to buy the underlying asset at a predetermined rate on or before a specific date. The move coincides with EUR/USD's rise to 1.10, which has put the bulls back into the driver's seat, according to technical charts. The metric bottomed out at -3.85 on March 23. Risk reversals trade below zero when put… 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.
