FX option expiries for 2 November 10am New York cut

There are a pair to pay attention to on the day, as highlighted in daring.

The primary ones are for EUR/USD at 1.0540 and 1.0600. Each don’t maintain a lot technical significance, so the one at 1.0540 isn’t prone to issue into play an excessive amount of particularly because the greenback retains on the softer aspect amid a squeeze within the bond market. Those at 1.0600 may hold worth motion extra contained (there may be additionally a big set on the identical degree for tomorrow) however once more, it issues extra what occurs in Treasury yields at this level.

Then, there may be the one for USD/JPY at 151.00 but additionally not prone to see a lot impact. The pair is dragged down amid decrease yields and so except that turns round, the expiries aren’t going to be a lot of an element within the session forward.

And lastly, there may be those for AUD/USD at 0.6400 on the day. Much like the remainder, it is not one which has any technical significance so it should not be supply a lot affect to cost motion. But when the rest, contemplating the broader market sentiment now, it ought to hold AUD/USD above the determine degree within the session forward barring any reversal to yesterday’s market strikes.

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