AUD/USD leans bearish towards 0.7150 on downbeat options market signals ahead of RBA

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AUD/USD leans bearish towards 0.7150 on downbeat options market signals ahead of RBA By anilpanchal7 AUDUSD RBA Options Markets RiskAppetite

While the risk-off mood and the pre-RBA anxiety can be cited as the key catalysts weighing on the AUD/USD prices of late, a sudden shift in favor of the bears in the options market also keep the pair sellers hopeful.

In doing so, the Aussie RR also challenge the three-week rally before the previous day’s downbeat figure. 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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