Currency option expires August 23 at 10:00 a.m. New York cut

As highlighted above, there are a few points to note. intrepid.

The first one is for EUR/USD and expiry at 1.0800 will be a more important factor if we see price action moving towards this level in the coming session. Such a move will depend on future PMI data, but as mentioned here, there is significant technical support at the figure level for the pair, so expirations will provide an additional layer on top of that for today.

Then there is 145.00 for USD/JPY but this will mostly depend on the developments in the bond market. Buyers are also defending the figure level to maintain the upside momentum, which makes it compelling. But if things calm down until US trade, today’s futures may not move much, but keep in mind that there’s another big piece for tomorrow at 145.00 (and 146.00).

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