FX option expiries for 11 September 10am New York cut ...Middle East

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FX option expiries for 11 September 10am New York cut

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

There is one for EUR/USD at the 1.1700 level and the expiries there could just act as a bit more of a magnet to lock price action before we get to the ECB and US CPI report later in the day. Those are the two more important key risk events for markets, so don't expect all too much before we get to that.

    Then, there is one for USD/JPY at the 147.50 level. That rests near the 100-hour moving average of 147.51 currently but I wouldn't ascribe too much significance to the expiries nor the near-term level for now, with the pair still largely ranging in the big picture. In any case, the biggest driver of price action will be the US inflation data later today, so don't expect much influence from the expiries here.

    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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