USD/JPY - Risk reversals retrace gains despite the breach of trend line hurdle

The Dollar-Yen pair closed yesterday above the resistance offered by the trend line sloping downwards from the March 10 high and July 11 high, still one-month risk reversals retracted gains.

One-month risk reversals

The risk reversal gauge declined from -0.85 to -1.0 on Tuesday, suggesting increased demand for JPY calls (USD/JPY Puts).
The decline in risk reversals indicates investors are not sure if the USD/JPY would be able to capitalize on the bullish break on the technical charts.

Oct 25, 2017

Japan's Abe may have won election, but many don't want him as PM – Asahi Survey

According to the survey conducted by the Asahi newspaper, a majority of the people surveyed do not want Shinzo Abe to stay as the Japanese Prime Minis

Baca selengkapnya Previous

Oct 25, 2017

S&P sees more downgrades than upgrades for 20 big emerging market sovereigns

Livesquawk reported earlier today that the US ratings agency, S&P, said in its latest note that it sees more downgrades than upgrades for 20 big emerg

Baca selengkapnya Next