FX option expiries for 17 February 10am New York cut

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

That being for EUR/USD at the 1.0500 mark. That should keep price action locked in closer to the figure level, though further dollar weakness could well override the impact of the expiries. But with it being a US holiday, we might get a less active start to the new week. We’ll have to see once European traders enter the fray but the expiries are something to be aware of.

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.