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USD/CAD risk reversals have shed CAD put bias

USD/CAD risk reversals (CAD1MRR) are currently trading near zero, having topped out 0.35 on Dec. 31.

The sharp drop represents a slide in demand or implied volatility premium for CAD put options (bearish bets).

Put simply, the options market is no longer bearish on the CAD (bullish on USD/CAD). As of writing, the USD/CAD pair is trading at 1.3262, having clocked a low of 1.3180 on Jan. 9.

CAD1MRR

AUD/USD Technical Analysis: dips below 0.72, repeated rejection at 100-day EMA is cause for concern

The AUD/USD pair is currently reporting marginal losses below 0.72, having faced rejection at the 100-day exponential moving average (EMA) in the last
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