One-month risk reversals on the Indian Rupee (INR), a gauge of calls to puts, stay negative for the fourth consecutive day, indicating investors are holding bullish bets for the INR. This goes hand in hand with the USD/INR moves that drops for the fourth consecutive day, currently down 0.37% around 72.74, while heading into Thursday’s European session. Risk reversals currently flash the -0.125 level, favoring USD/INR bears by the press time, according to data provided by Reuters. The negative reading indicates put options are drawing higher premium (option price) than call or bullish bets It should also be noted that the risk reversals jumped to the highest in favor of the Indian rupee bulls the previous day while flashing -0.150 figures. 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 EUR/USD stays depressed near 1.2050 amid firmer yields, ahead of Powell FX Street 1 year One-month risk reversals on the Indian Rupee (INR), a gauge of calls to puts, stay negative for the fourth consecutive day, indicating investors are holding bullish bets for the INR. This goes hand in hand with the USD/INR moves that drops for the fourth consecutive day, currently down 0.37% around 72.74, while heading into Thursday's European session. Risk reversals currently flash the -0.125 level, favoring USD/INR bears by the press time, according to data provided by Reuters. The negative reading indicates put options are drawing higher premium (option price) than call or bullish bets It should also be noted that… 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.
