FX option expiries for 14 August 10am New York cut
There is arguably just one to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1550 level. The expiries here don't tie to any technical significance but may just offer a bit of a pull factor in keeping price action more limited in the session ahead.
The currency pair remains locked below the 100-day moving average at 1.1566 currently. So, that remains the key technical ceiling that is keeping a lid on price action. As such, it would require a catalyst of sorts to really produce any notable price movements before we end the week.
US-Iran developments continue to be in limbo and USD/JPY is not exactly threatening the 160 mark, so that is not seeing much danger for any added intervention play just yet. That being said, the latter is still a potential threat and could be a temporary drag for the dollar at any time. So, just be wary of that.
Otherwise, there's not all too much in expecting any impact from the expiries above on price action today.
Traders will mostly be left to their own devices in trying to figure out dollar sentiment, which is the stronger influence still for the time being.
For more information on how to use this data, you may refer to this post here.
This article was written by Justin Low at investinglive.com.提供 MainLink：Investinglive RSS Breaking News Feed
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