FX option expiries for 3 September 10am New York cut

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

The first being for EUR/USD at the 1.1050 mark. And that could perhaps limit price action and make things a bit stickier in the session ahead before we get to the US open. Similarly, the one for USD/CAD at the 1.3500 level will play a small part in providing a floor to price action.

All that said, dollar sentiment in the bigger picture is still the number one driver of markets this week. All the focus is on US data and we may see flows shift around and pick up later in US trading especially. That since we also have the ISM manufacturing PMI coming up too.

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.