Shift in risk sentiment shores up Australian options market

"Strong growth" is most obvious in the Australian dollar/New Zealand dollar cross, said Ross Beaney, executive manager in global FX at the Commonwealth Bank in Sydney, "no doubt in line with the rapid rise in the New Zealand dollar itself". But the bank also reports good growth in options in both Aussie/US dollar and NZD/US dollar, and in Aussie/yen flows.

"With large upward moves in Aussie/US dollar and NZD/US dollar spot rates, the natural bias implied by options risk-reversal premiums has

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: