Currency option expires September 7 at 10:00 am New York

There is only one point to be noted, as highlighted bold.

Having this at 1.0700 for EUR/USD could keep price action more limited above the figure level, at least in the coming session. However, the two main drivers of the business sentiment right now are the bond market and the potential collapse of the Chinese yuan. Both can stimulate dollar quotes and there will be more important factors to watch.

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