USD/CAD risk reversals have shed CAD put bias

USD/CAD risk reversals (CAD1MRR) are currently trading near zero, having topped out 0.35 on Dec. 31.

The sharp drop represents a slide in demand or implied volatility premium for CAD put options (bearish bets).

Put simply, the options market is no longer bearish on the CAD (bullish on USD/CAD). As of writing, the USD/CAD pair is trading at 1.3262, having clocked a low of 1.3180 on Jan. 9.

CAD1MRR

Jan 16, 2019

AUD/USD Technical Analysis: dips below 0.72, repeated rejection at 100-day EMA is cause for concern

The AUD/USD pair is currently reporting marginal losses below 0.72, having faced rejection at the 100-day exponential moving average (EMA) in the last

Economist Sinai: Equities bull run to continue - Bloomberg

As reported by Bloomberg, economist Allen Sinai stated in a BloombergTV interview that softening central bank stances and easing measures by China wil