The implied volatility premium for JPY calls (bullish bets) has hit the lowest level since July 18. The sharp drop in the demand for JPY calls validates the USD/JPY’s jump to a 13-month high of 114.00. The USD/JPY one-month 25 delta risk reversals (JPY1MRR) are currently being paid at -0.70 – the highest level since July 18. A month ago, the risk reversals stood at -1.7. The rise from -1.7 to -0.70 represents a drop in demand or implied volatility premium for the cheap out-of-the-money JPY call options and indicates the investors are likely expecting the JPY to continue losing altitude in the near-term. JPY1MRR Â 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 NZD/USD Technical Analysis: Kiwi continuing to slip into 0.66 FX Street 4 years The implied volatility premium for JPY calls (bullish bets) has hit the lowest level since July 18. The sharp drop in the demand for JPY calls validates the USD/JPY's jump to a 13-month high of 114.00. The USD/JPY one-month 25 delta risk reversals (JPY1MRR) are currently being paid at -0.70 - the highest level since July 18. A month ago, the risk reversals stood at -1.7. The rise from -1.7 to -0.70 represents a drop in demand or implied volatility premium for the cheap out-of-the-money JPY call options and indicates the investors are likely expecting the JPY to continue losing… 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.
