Euro's post-Fed rally to a 6-day high of 1.1844 levels seems to have revived the demand for the EUR bulls.
One month 25-delta risk reversals
- The one-month 25-delta risk reversals gauge rose to 0.112 yesterday from the previous day's print of -0.05.
- A move to the positive territory indicates increased demand for the EUR calls.
Also, the US-German 10-year bond yield spread declined in the USD-negative manner to 203 basis points yesterday from previous day's figure of 208 basis points.
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