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Demand for options positions geared to......>

OPTIONS
OPTIONS: Demand for options positions geared to benefit from a positive
resolution to trade talks at the G20 this weekend continues to gather steam,
with both AUD/USD and USD/CNY currency hedging trading ahead of average for this
time of day. USD/JPY and EUR/USD options volumes lag slightly.
-AUD/USD call demand is again a popular position, with calls outstripping puts
in both number of trades and total notional today for the sixth consecutive
session. $0.7400 call strikes have been, by a distance, the most popular trade
of the session in AUD/USD markets, closely followed by call strikes at $0.7350
and $0.7360.
-See https://tinyurl.com/MNIAUDUSD for chart.
-USD/CNY puts marginally outnumber their call counterparts so far today, with
Cny6.9300 put strikes a popular trade Friday. 
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com

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