FX option expiries for 8 August 10am New York cut ...Middle East

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FX option expiries for 8 August 10am New York cut

There are a couple to take note of on the board for today, as highlighted in bold below.

The first being for EUR/USD at the 1.1650 level. The expiries don't tie to any technical significance at the level, so there might not be too much interest. But price action is also sandwiched between two larger expiries at 1.1600 and 1.1700 and those could help to limit any major movements in the session ahead at least.

    Then, we have a massive one for AUD/USD at the 0.6500 level. And the expiries there could help to lock in price action by acting as a bit of a magnet in the session ahead, keeping things closer to the figure level before rolling off.

    And lastly, there is big one for EUR/GBP at the 0.8675 level. The pair fell back yesterday after the pound gained amid what seemed to be a more hawkish BOE at first glance at least. Price action has settled down and the expiries could help to limit movements in European trading, alongside the 200-hour moving average at 0.8680 currently.

    For more information on how to use this data, you may refer to this post here.

    Head on over to investingLive (formerly ForexLive) to get in on the know!

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

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