Japan Construction Orders (YoY) above forecasts (9.8%) in January: Actual (11%)

Feb 28, 2022

USD/RUB: Options market turns most bullish in eight years

One-month risk reversal (RR) of USD/RUB, a gauge of calls to puts, marked the biggest weekly jump in the last week since December 2014, per the latest

USD/TRY grinds higher past $14.00 as USD cheers Russia-Ukraine related risk-aversion

USD/TRY seesaws around $14.08-10 after marking the upside gap to begin the week’s trading during Monday’s Asian session. In doing so, the Turkish lira