FX option expiries for 21 August 10am New York cut ...Middle East

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FX option expiries for 21 August 10am New York cut

There are just a couple to take note of on the day, as highlighted in bold below.

That being for EUR/USD at the 1.1670 and 1.1700 levels. The former holds close to the key hourly moving averages of 1.1664-68 currently, so the expiries could help limit any upside pushes on the session. And the latter will just add another layer alongside offers in helping to keep a lid on any price extensions before we get to US trading at least.

    The French and German PMI data will be key risk events to eye for the euro while the dollar is continuing to digest Fed headlines ahead of Jackson Hole tomorrow.

    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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