FX option expiries for 9 July 10am New York cut
There are just a couple of expiries to take note of on the day, as highlighted in bold below.
They are for EUR/USD at the 1.1400 and 1.1460 levels. The expiries don't tie to any technical significance, so their impact should be relatively muted for the most part.
The ones at the 1.1400 level though may act as an added layer alongside bids to limit any downside price action in the session ahead. That is if we are to see the dollar move up on any price extensions. But for now, the dollar is a little on the softer side as the risk mood looks for a bit of a bounce with Trump saying that Iran wants to make a deal.
As things stand, headline risks remain paramount in impacting dollar sentiment and the broader market mood. Those are still the two key drivers in play at the moment.
Then, there is one at the 1.1460 level. It keeps near the highs from the end of last week, but that is just about the only coincidental significance. I wouldn't attach too much impact to the expiries there especially if markets start to turn back to the de-escalation path on US-Iran tensions. There are bigger flow factors in play at the moment I would say.
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This article was written by fl9bde53b91e184082bbe3aa3acaaf2cb0 at investinglive.com.提供 MainLink:Investinglive RSS Breaking News Feed

