FX option expiries for 4 February 10am New York cut ...Middle East

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They are both for EUR/USD at the 1.0300 to 1.0320 levels. As things stand, it's still all about markets trying to digest Trump's tariff actions. But it seems like we'll move into a calmer period now that the can is kicked down the road, at least for another month. There's still that 10% tariffs on China though and the EU is also in the crosshairs here.

But for EUR/USD today, the expiries could just yet keep price action more locked in around 1.0300 to 1.0320 before we get to US trading. The dollar is seen bouncing back a little so far today but if risk trades start to run, we could see it turn around as well in FX. That's a stronger driver of sentiment to be mindful of than the expiries for today.

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

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