Friday , 22 November 2024
Home Forex FX option expiries for 12 November 10am New York cut
Forex

FX option expiries for 12 November 10am New York cut

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

And they are both for EUR/USD at the 1.0600 and 1.0625 levels. The pair is being pressured to the downside, touching its lowest levels since April now as the dollar continues to rampage forward. As such, that will put added emphasis on key support from the April low of 1.0601. The expiries above will just add a bit of a defensive layer as well, at least for the session ahead.

There will also be another notable one at 1.0600 for tomorrow, so just keep that in your back pocket in case. But for now, the post-election dollar sentiment continues to be the number one driver.

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Fed: U.S. government fiscal sustainability tops the list of financial system risks

The Fed's twice yearly Financial Stability Report highlights: U.S. government fiscal sustainability...

Forexlive Americas FX news wrap 22 Nov: US PMI data better than Europe. USD moves higher.

Major indices close higher for the trading week by the Russell 2000Baker...

Major indices close higher for the trading week by the Russell 2000

The stock indices close week. For the day, the Dow and Russell...

USDCHF buyers take the price higher this week after basing at the 50% midpoint at 0.87989

The USD/CHF pair, after trading within a range of 0.8400 to 0.8550...