Risk reversals on USD/JPY, a gauge of calls to puts, jumped to the highest level since July 2018 on Wednesday indicating investors are adding bets to position for strength in the US dollar against the Japanese yen. Three-month risk reversals rose to -1.05, the highest since July 18, 2018, having bottomed out at -2.25 at the end of December. A week ago, the gauge was seen at -1.5. The uptick represents a rise in demand for call options (bullish bets) and validates Wednesday’s big move higher from 109.84 to 111.59. Three-month risk reversals 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 IMF’s Georgieva: Coronavirus poses risks to fragile recovery in global economy FX Street 2 years Risk reversals on USD/JPY, a gauge of calls to puts, jumped to the highest level since July 2018 on Wednesday indicating investors are adding bets to position for strength in the US dollar against the Japanese yen. Three-month risk reversals rose to -1.05, the highest since July 18, 2018, having bottomed out at -2.25 at the end of December. A week ago, the gauge was seen at -1.5. The uptick represents a rise in demand for call options (bullish bets) and validates Wednesday's big move higher from 109.84 to 111.59. Three-month risk reversals 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.