USD/JPY risk reversals have hit three-week lows. The confirmation of short-term bearish reversal in USD/JPY seems to have revived interest in JPY calls. The USD/JPY one month 25 delta risk reversals (JPY1MRR) fell to -1.35 today – the lowest level since June 29 vs from -0.65 seen on last Tuesday, indicating a sharp rise in the demand or implied volatility premium for the JPY puts. The data suggests the short-term bearish doji reversal in the USD/JPY spot has likely triggered fears of a deeper pullback and hence the investors are seeking downside protection (JPY calls or USD/JPY puts). JPY1MRR 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 BoJ: Markets watchful for forecast changes – TDS FX Street 5 years USD/JPY risk reversals have hit three-week lows. The confirmation of short-term bearish reversal in USD/JPY seems to have revived interest in JPY calls. The USD/JPY one month 25 delta risk reversals (JPY1MRR) fell to -1.35 today - the lowest level since June 29 vs from -0.65 seen on last Tuesday, indicating a sharp rise in the demand or implied volatility premium for the JPY puts. The data suggests the short-term bearish doji reversal in the USD/JPY spot has likely triggered fears of a deeper pullback and hence the investors are seeking downside protection (JPY calls or USD/JPY… 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.
