USDTRY leans bullish around 18.60 amid mixed signals from options market

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USDTRY leans bullish around 18.60 amid mixed signals from options market – by anilpanchal7 USDTRY Options Markets RiskAppetite

picks up bids to 18.61 during the initial hour of Friday’s European session, on the way to snapping a two-week downtrend by the press time.

That said, a one-month risk reversal ratio, a gauge of call options versus puts options, portrays the first daily gain in three while flashing 0.05 figures for Thursday. The weekly RR prints, however, drop for the second consecutive week to -0.560. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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