USD/CAD leans bullish towards 1.3800, ignores the most bearish options markets bias in four months

USD/CAD leans bullish towards 1.3800, ignores the most bearish options markets bias in four months – by anilpanchal7 USDCAD Options Markets RiskAppetite SwingTrading

grinds higher around the intraday top near 1.3790 during early Friday morning in Europe. In doing so, the Loonie pair ignores the downbeat signals from the options market.

A call option gives the holder the right but not the obligation to buy the underlying asset at a predetermined price on or before a specific date. A put option represents a right to sell. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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