Premium or demand for call options has hit the highest level since October. Investors are addition bets to position for dollar strength. The options market is most bullish on the USD/INR pair in over four months. The one-month 25 delta risk reversals jumped to 0.60 on Tuesday – the highest level since Oct. 8, 2019 – indicating investors are adding bets to position for strength in the US dollar. A positive reading indicates higher demand for call options (bullish bets) compared to put options (bearish bets). USD/INR closed Tuesday with 0.35% gains at 71.5690. Since September, the pair has been restricted to a narrowing price range between 70.30 and 72.40. The increased demand for call options, as highlighted by risk reversals, suggests the investors are expecting USD/INR to break higher from its multi-month range. INR1MRR 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 Expert score 5 Etoro - Best For Beginner & Experts0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 5 Read Review Open My Free Account Your capital is at risk. FXStreet News share Read Next Bitcoin Price Prediction: Two strong resistance levels prevents BTC/USD’s foray into the $10,500 zone – Confluence Detector FX Street 2 years Premium or demand for call options has hit the highest level since October. Investors are addition bets to position for dollar strength. The options market is most bullish on the USD/INR pair in over four months. The one-month 25 delta risk reversals jumped to 0.60 on Tuesday – the highest level since Oct. 8, 2019 – indicating investors are adding bets to position for strength in the US dollar. A positive reading indicates higher demand for call options (bullish bets) compared to put options (bearish bets). USD/INR closed Tuesday with 0.35% gains at 71.5690. Since September, the pair has been… Top 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.
