AUD/USD risk reversals hit lowest level since Oct. 9, 2018

Omkar Godbole FXStreet Contributor

Risk reversals on the Australian dollar (AUD1MRR), a gauge of calls to puts on the Australian currency, fell to -1.375 on Thursday, their lowest level since Oct. 9, 2018, indicating investors are adding bets to position for a further slide in the AUD/USD pair.

Notably, the gauge stood at -0.60 on April 18, meaning the put demand has increased sharply over the last four weeks.

AUD1MRR

Author

Omkar Godbole

FXStreet Contributor

Omkar Godbole, editor and analyst, joined FXStreet after four years as a research analyst at several Indian brokerage companies.

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