USD/JPY leans bullish around 20-year high on upbeat options market signals, pre-Fed caution

USD/JPY bulls take a breather after rising to the highest levels since 2002. Options market signals portraying consecutive three weeks of bullish bias. Japan’s Matsuno shows readiness to act but sounds vague on FX market intervention. Hawkish Fed bets join China-linked headlines to propel prices. USD/JPY remains on the front foot around a two-decade high, … Read more

USD/CHF tracks upbeat options market signals to refresh monthly high around 0.9900

USD/CHF prints a seven-day uptrend, takes the bids to renew monthly top near 0.9900, during Monday’s Asian session. In doing so, the Swiss currency (CHF) pair justifies the strong signals from the options market as bulls keep the reins. That said, the weekly print of the one-month USD/CHF risk reversal (RR), the ratio of calls … Read more