The 1-month risk reversal on the Bloomberg Dollar Spot Index hit +92 bps, its highest level since November 2022, according to Bloomberg data. This marks a sharp reversal from -90 bps in January. Traders are paying the largest premium for bullish USD options in over three years as the dollar index trades near a three-month high.
💵 Bullish Dollar Bets Hit 3-Year High
The 1-month risk reversal on the Bloomberg Dollar Spot Index hit +92 bps, its highest level since November 2022, according to Bloomberg data. This marks a sharp reversal from -90 bps in January. Traders are paying the largest premium for bullish USD options in over three years as the dollar index trades near a three-month high.
