FX option expiries for 18 March 10am New York cut

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FX option expiries for 18 March 10am New York cut

There are a couple to take note of on the day, as highlighted in bold.

The first one is for EUR/USD at the 1.0900 mark. That could act as a bit of a magnet in locking price action near the figure level in the session ahead. Then again, if the risk mood starts to improve once more it should override trading sentiment in the day ahead - much like yesterday with a weaker dollar. For now, US futures are sagging so that is sort of helping to keep the pair pinned down.

Then, there is one for USD/JPY at the 150.00 level. That should help to keep a lid on upside price action before the expiries roll off later in the day.

And lastly, there is one for USD/CHF at the 0.8800 level. Similar to the one in EUR/CHF, the expiries could lock down price action until we get to US trading barring any major shifts in the risk mood in European trading that is.

For more information on how to use this data, you may refer to this post here.

                            This article was written by Justin Low at www.forexlive.com.

Source: FX option expiries for 18 March 10am New York cut

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