Reported 3 months ago
Recent trends indicate that traders are increasingly focusing on hedging against a rise in the yuan, with the premium for bearish options at its highest since 2011. This shift reflects a growing optimism towards the Chinese currency, supported by recent movements in the yen and the potential for the People's Bank of China to cut interest rates. However, lingering economic concerns and declining bond yields suggest some caution remains, as analysts warn of possible reversal risks if sentiment has truly peaked.
Source: YAHOO