One-month risk reversal on USD/CNY, a guage of calls to puts, fell to 0.075 on Friday to hit the lowest level since Sept. 18, having peaked at 0.75 at the end of October, according to data source Reuters. A positive number is the result of call options (bullish bets) drawing stronger demand than puts (bearish bets), while a negative number represents greater demand for puts. As such, the decline from 0.75 to 0.075 indicates a weakening of demand for calls or bullish bets on USD/CNY. Essentially, the guage has neraly shed the bulloish bias. The USD/CNY pair is currently trading at 6.5375, having peaked at 7.1766 in May this year. 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/INR Price News: Indian rupee bulls dominate inside five-week-old falling wedge FX Street 2 years One-month risk reversal on USD/CNY, a guage of calls to puts, fell to 0.075 on Friday to hit the lowest level since Sept. 18, having peaked at 0.75 at the end of October, according to data source Reuters. A positive number is the result of call options (bullish bets) drawing stronger demand than puts (bearish bets), while a negative number represents greater demand for puts. As such, the decline from 0.75 to 0.075 indicates a weakening of demand for calls or bullish bets on USD/CNY. Essentially, the guage has neraly shed the bulloish bias. The USD/CNY pair is currently trading at 6.5375,… 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.
