Derived Data That Drive Results
By Richard Pace — Feb 09 - 02:07 AM
The recent EUR/USD setback saw plenty of n-term longs pare positions
Despite recovery from mid 1.19's, there's been no rush to reinstate
Implied volatility stays at new pandemic lows - 1-month 5.5
Options show no clear bias for upside or downside strikes n-term
1-month risk reversals neutral bias, from 0.3 EUR puts (downside) last week
1-month risk reversals was 0.6 EUR calls (topside) in December
However, longer term - topside premium intact throughout nL1N2KE1BE
Related comment nL1N2KE0OC
For more click on FXBUZ
EUR/USD 1-3-12-month expiry option risk reversals Click here
Benchmark 1-month EUR/USD implied volatility Click here
Source:
Refinitiv IFR Research/Market Commentary
