NZD/USD traces options market optimism above 0.6300

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NZD/USD traces options market optimism above 0.6300 – by anilpanchal7 NZDUSD Options Markets RiskAppetite

While doing the same, the Kiwi pair fails to justify the hawkish Federal Reserve rhetoric amid easing fears surrounding China.That said, the key options market catalyst, one-month risk reversal , prints a three-day uptrend and rises to the highest level in a week while posting 0.070 figures by the end of Wednesday’s North American trading session.

Not only the daily RR but the weekly one-month RR for the NZD/USD price also keeps the pair buyers hopeful as it snaps the three-week downtrend with the 0.115 figures for the current week.Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets.

 

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