FX option expiries for 12 August 10am New York cut

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

That being for EUR/USD at the 1.0900 level. With price action also keeping in between its key hourly moving averages of 1.0890-22 currently, the expiries are likely to help play a role in keeping price movement more limited before rolling off later.

Do keep in mind though that there is also a large one for tomorrow at the figure level as well. So, that could potentially lock price action further until we get to the US CPI report on Wednesday.

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.