USD/CHF risk reversals hit a two-month low on put demand

Omkar Godbole FXStreet Contributor

One-month risk reversals on USD/CHF, a gauge of calls to puts, fell to a two-month low of -1.4 on Thursday, indicating investors are buying put options or bearish bets to position for a decline in the currency pair.

Risk reversals were trading at -0.775 in favor of puts on Tuesday. It means the put demand has increased sharply in three days.

USD/CHF is currently trading at 0.9133, representing a 0.43% gain on the day. The currency pair declined from 0.9200 to 0.9050 in five days to Sept. 15.

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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