USD/CHF follows optimistic options Market indicators predict a monthly high at 0.990
During Monday's Asian session, USD/CHF prints a seven-day uptrend and accepts the bids to renew the monthly high above 0.9900.

During Monday's Asian session, USD/CHF prints a seven-day uptrend and accepts the bids to renew the monthly high above 0.9900.
In doing so, the CHF/USD currency pair validates the bullish signals from the options market as bulls maintain control.
In spite of this, the weekly print of the one-month USD/CHF risk reversal (RR), the ratio of calls to puts, rose to its highest level in three months as of Friday's close, reaching 0.240. Notable is that following three consecutive negative prints, the same displayed a second weekly positive RR.
The most recent readings of 0.010 for the daily RR and 0.280 for the monthly RR give purchasers reason for optimism.
While the indications from the options market keep USD/CHF investors optimistic, this week's monetary policy meetings of the Swiss National Bank (SNB) and the Federal Reserve are essential for direction.
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