FX option expiries for 15 August 10am New York cut

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FX option expiries for 15 August 10am New York cut

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

The first being for EUR/USD at the 1.1000 mark. That continues from yesterday and there will be large expiries at the figure level in play again tomorrow. As such, the expiries could offer a bit of a pull factor in keeping price action from breaking out too meaningfully in the sessions ahead. That provided the dollar manages to stave off any broader weakness as a whole, with risk optimism not getting too carried away for now.

Then, there is one for USD/JPY at the 147.50 level. It isn't one that marks any technical significance, but it could just offer a bit of a ceiling to price action before US trading.

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 15 August 10am New York cut

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