FX option expiries for 31 July 10am New York cut ...Middle East

The first ones are for EUR/USD at the 1.1400 and 1.1475-90 levels. The pair continues to suffer from the fallout of the US-EU trade deal alongside a stronger dollar in general as Trump looks to be following through on higher tariffs. All of a sudden the TACO script has flipped around with other countries the ones having to try and salvage something.

Then, there is one for AUD/USD at the 0.6465 level. It isn't one that ties to any technical significance so I wouldn't attach too much impact to the expiries for today. The pair is supported by its 100-day moving average at 0.6426 and that's the more critical level in play at the moment.

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This article was written by Justin Low at investinglive.com.

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