- Analytics
- News and Tools
- Market News
- USD/JPY stays bearish below 139.00 on downbeat options market signals
USD/JPY stays bearish below 139.00 on downbeat options market signals
USD/JPY remains depressed at an intraday low around 138.55 as bears keep the reins during a second consecutive day amid early Tuesday.
The yen pair’s latest losses could be linked to the market’s easing of the previous fears, as well as downbeat options market signals for the USD/JPY pair.
That said, the one-month risk reversal (RR) for the USD/JPY pair, the ratio between call and put premiums, and braces for the second consecutive weekly print with the previous day’s -0.210 RR figure.
On the other hand, an easing in China’s daily covid infections from an all-time high and the announcement of more support measures for the nation’s ailing real-estate sector seemed to have favored the USD/JPY pair’s latest weakness.
Also read: USD/JPY slides towards 138.50 on mixed Japan data, pullback in yields, focus on China, Fed talks
© 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.
Bank transfers
