FX option expiries for 7 March 10am New York cut ...Middle East

The first ones are for USD/CAD at the 1.4350-60 levels. They don't offer much of any technical significance, with the confluence of the 100 and 200-hour moving averages only seen at 1.4378-98 currently. But if anything, the expiries may play a part in limiting any upside moves at least until we get the barrage of US and Canadian labour market data later.

Then, we do have one for AUD/USD at the 0.6300 level. Similarly, it isn't one that holds any technical significance but the expiries may act as a bit of a magnet at least until we get to US trading and the non-farm payrolls today.

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.

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