Friday , 8 November 2024
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FX option expiries for 8 November 10am New York cut

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

And again, they are all for EUR/USD layered in between 1.0750 through to 1.0800. Post-election sentiment is still the name of the game in driving FX flows now, so the expiries are just secondary drivers alongside everything else at the moment. That being said, they could play a role in keeping price action more boxed in until we get to US trading again later.

There aren’t any key risk events on the calendar to really impact EUR/USD sentiment. So, it’s all about how the post-election flows will settle as we look towards the end of the week.

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.

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