Currency option expires 30 October 10:00 for New York outage


There are a few points to note as highlighted above bold.

The first of these is at 1.0550 for EUR/USD, which is not of much technical importance. But perhaps it could be a magnet for price action to center there before moving on later in the day. I mean, given the tight ranges so far today and the inactivity in the bond market for now.

Then there is the case for USD/JPY and the pair looks set to consolidate below the 150.00 level ahead of the BOJ tomorrow. Similarly, expirations may keep price action more stable in the zone before moving later today.

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Your email address will not be published.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 *