Currency option expires 10 January 10:00 for New York outage


As highlighted before, there are a few things to note per day. bold.

The first of these is the ones at 1.0970-85 for EUR/USD and they are quite large. However, given the lack of appetite in today’s trading in anticipation of US CPI data tomorrow, we may see price action remain fairly muted around current levels. However, should we see the range lengthen, expiry dates should keep things in check before moving on later in the day.

Additionally, the 145.00 level remains an important resistance level for USD/JPY on the daily chart. Therefore, barring an upward move in Treasury yields, the figure level is expected to keep the pair’s gains capped, at least until US early trading matures.

For more information on how to use this data, you can refer to the article here.

Leave a Reply

Your email address will not be published. Required fields are marked *