The one-month 25 delta risk reversals on NZD/USD (NZD1MRR), the gauge for calls to puts, is currently trading at -0.6, the highest level since Dec. 19. While the negative number indicates that the implied volatility premium for NZD puts (bearish bets) is still higher than that for calls, the bearish bias is now weakest in three months. Notably, the value of the bearish bets has dropped sharply in the last 2.5-month, as indicated by the recovery in risk reversals from -1.2 to -0.60. The demand for the put options would fall even further if the Fed keeps rates unchanged as expected later today and its dot plot shows a rate hike pause for the rest of the year. NZD1MRR 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 WTI Technical Analysis: 15-week old resistanceline caps the upside at $60.00 with $58.60 being immediate support FX Street 4 years The one-month 25 delta risk reversals on NZD/USD (NZD1MRR), the gauge for calls to puts, is currently trading at -0.6, the highest level since Dec. 19. While the negative number indicates that the implied volatility premium for NZD puts (bearish bets) is still higher than that for calls, the bearish bias is now weakest in three months. Notably, the value of the bearish bets has dropped sharply in the last 2.5-month, as indicated by the recovery in risk reversals from -1.2 to -0.60. The demand for the put options would fall even further if the Fed keeps… 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.
