USD/INR: Options market trims bullish bias
|One-month risk reversal on USD/INR, which measures the prices of calls (bullish bets) relative to puts (bearish bets), has retreated to 0.25 from the two-month high of 0.525 seen earlier this month, according to Reuters.
The pullback indicates a weakening of demand for call options, which give the holder the right but not the obligation to buy the underlying asset on or before a specific date.
USD/INR fell 0.255 last week to 72.976.
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. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.