FX option expiries for 12 February 10am New York cut

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

They are for EUR/USD at the 1.0300 and 1.0325 levels but amid another likely quieter session in Europe, the expiries should not see much of any impact. A softer dollar overnight helped the pair to climb out from 1.0320 to around 1.0350-70 and we’re still holding thereabouts for now.

If anything, the expiries might provide some limit to any dollar bids in European trading but I would say the odds of the greenback moving significantly are low. That considering broader markets are waiting on the US CPI data and more Trump headlines later in the day.

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.