FX option expiries for 18 June 10am New York cut ...Middle East

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FX option expiries for 18 June 10am New York cut

There is just one to take note of on the day, as highlighted in bold.

That being a relatively large one for EUR/USD at the 1.1500 level. As such, the expiries could play a role in acting as a magnet for price action during the session ahead. That will keep price movements centered in and around the figure level for the most part as we await more meaningful headlines to work with.

    All eyes will stay on the situation in the Middle East, with the potential for the US to intervene. That before we get to US trading where the Fed policy decision will come into play.

    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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