[ccpw id="5"]

Home.forex news reportFX option expiries for 1 August 10am New York cut

FX option expiries for 1 August 10am New York cut

-


There is arguably just one to take note of on the day, as highlighted in bold.

That being for EUR/USD at the 1.0850 level. That could help to draw in price action with the 200-hour moving average seen nearby at 1.0847 currently. But if anything else, it should keep things more contained at least until the expiries roll off later today. Just be wary of any follow up dollar weakness following the Fed yesterday though. Then again, markets have already priced much of that in before the FOMC meeting anyway.

Then, there is also a largish one for EUR/GBP at the 0.8420 level. That might help to keep price action more cagey as it has been all week already for the pair just above the 0.8400 mark. That at least until we get to the BOE later.

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



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

SEC sues Elon Musk over alleged late disclosures on Twitter share deal

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.US securities regulators have sued Elon...

Rupee hits record low; state-run, foreign banks’ dollar sales cap fall

The Indian rupee weakened to its all-time low on Tuesday due to strong dollar bids spurred by the maturity of positions in the non-deliverable...

Premium Watchlist Recap: January 6 – 9, 2025

This week our currency strategists focused on the Australian CPI update for potential high-quality setups in the Aussie dollar. Out of the four scenario/price outlook...

PBoC injects 959bn yuan in open market operations (offsetting maturing MLF)

High risk warning: Foreign exchange trading carries a...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe

Most Popular

spot_img