Explore eFXplus Derived Data That Drive Results
A Data Partner of:
Refinitiv
Oct 12 - 08:55 AM

AUD/USD - FX Options Endorse AUD/USD Gains, But Wary Of Setbacks

By Richard Pace  —  Oct 12 - 07:06 AM
  • AUD/USD pushing higher, but still a cent below 3 Sep peak of 0.7477

  • Iron ore up to boost trade surplus, lockdown's end - AUD positives

  • FX options say actual volatility risk low, but wary of risk averse knock

  • Price action consistent with any further AUD gains remaining a grind for now

  • 1-month implied volatility heavy, but still mid of 7.8-9.8 range since Aug

  • 1-month risk reversals 0.95 AUD puts over calls - downside risk premium

  • That was 1.35 in mid Sept, but prior lows since June were 0.75 AUD puts

  • Overall activity low while AUD/USD lacks actual, and potential volatility




For more click on FXBUZ


1-month AUD/USD risk reversals Click here

1-month option implied versus 1-month historic (actual) volatility Click here

Source:
Refinitiv IFR Research/Market Commentary

Subscription

  • eFXplus
  • End-user license agreement (EULA)

About

  • About
  • Contact Us

Legal

  • Terms of Service
  • Privacy Policy
  • Disclaimer
© 2021 eFXdata · All Rights Reserved
!