Derived Data That Drive Results
By Richard Pace — Aug 02 - 02:35 AM
AUD/USD finally broke key support 0.6595, close below on Friday more bearish
The spot break lower has reignited demand for AUD/USD FX options
Implied volatility and its downside vs upside strike premium is higher
Outright trade flows are telling - good demand for strikes around 0.6500
Market was obviously short and needs to cover risk of drop toward 0.6500
1-month implied volatility up from 10.0 to 10.65
For more click on FXBUZ
AUD/USD 1-month expiry FXO implied volatility Click here
AUD/USD 1-month expiry 25D risk reversals Click here
Source:
Refinitiv IFR Research/Market Commentary
