USD/CNY's options market flips bullish for first since mid-December

One-month risk reversals on USD/CNY, which measures the spread between call and put prices, rose above zero earlier this week, indicating a bullish shift in the options market sentiment. 

In other words, call options or bullish bets on USD/CNY are now drawing higher prices (demand) than puts or bearish bets. 

At press time, the currency pair is trading unchanged on the day near 6.4731.