EUR/USD three-month risk reversals show bullish (call) bias is strongest in 22 months. The options market turned bullish on the common currency earlier this month. EUR/USD three-month risk reversals (EUR3MRR), a gauge of calls to puts on the common currency, rose to the highest level since January 2018 on Friday, indicating investors are adding bets to position for an uptick in the EUR. Three-month risk reversals jumped to 0.225 – a level last seen in the second half of January 2018. The positive number indicates the implied volatility premium or demand for the EUR call options (bullish bets) is higher than that for the EUR puts (bearish bets). The gauge turned positive earlier this month and has witnessed a near 90-degree rise from -0.375 seen on Nov. 13. While risk reversals are pointing to bullish bias, EUR/USD is looking heavy, having failed repeatedly failed in the last four days to convincingly scale key Fibonacci retracement of 1.1082. EUR3MRR 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 Ethereum technical analysis: ETH/USD tries to recover following bearish Thursday FX Street 3 years EUR/USD three-month risk reversals show bullish (call) bias is strongest in 22 months. The options market turned bullish on the common currency earlier this month. EUR/USD three-month risk reversals (EUR3MRR), a gauge of calls to puts on the common currency, rose to the highest level since January 2018 on Friday, indicating investors are adding bets to position for an uptick in the EUR. Three-month risk reversals jumped to 0.225 - a level last seen in the second half of January 2018. The positive number indicates the implied volatility premium or demand for the EUR call options… 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.
