The options market turns most bearish on the USD/CHF in a month, per the latest data from Reuters.
One-month risk reversal (RR) of USD/CHF, a gauge of calls to puts, snaps a four-day “zero figure” while declining the most since November 26, per Reuters. That said, the latest USD/CHF RR is -0.100 versus the -0.000 figure marked on Friday.
Although the RR suggests the market’s bearish bias, the USD/CHF prices keep the bounce off monthly low while rising for the second consecutive day, up 0.06% intraday near 0.9195 at the latest.
That said, the risk catalysts, mainly the Omicron woes and inflation chatters, direct short-term USD/CHF moves amid sluggish holiday-thinned trading sessions during the last days of 2021.
Read: US T-bond yields ease from two-week top, S&P 500 Futures defend 4,700 as Omicron, holidays play their roles
© 2000-2024. All rights reserved.
This site is managed by Teletrade D.J. LLC 2351 LLC 2022 (Euro House, Richmond Hill Road, Kingstown, VC0100, St. Vincent and the Grenadines).
The information on this website is for informational purposes only and does not constitute any investment advice.
The company does not serve or provide services to customers who are residents of the US, Canada, Iran, The Democratic People's Republic of Korea, Yemen and FATF blacklisted countries.
Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.
Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.
Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.