Derived Data That Drive Results
By Richard Pace — Nov 22 - 04:50 AM
Well touted 1.2500 GBP/USD option barrier erased amid latest GBP/USD drop
Weak EZ PMI hit EUR/USD hard and dragged GBP/USD, too
More option barriers touted 1.2450 and 1.2400, but lesser amounts
Spot drop gave FX option implied volatility another boost, albeit limited
Benchmark 1-month expiry 7.9 to 8.0 (9.0 to 6.5 after US election)
Risk reversals increase downside strike premium, but less than EUR/USD
For more click on FXBUZ
GBP/USD 1-month expiry implied volatility Click here
Source:
Refinitiv IFR Research/Market Commentary
