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FX option expiries for 2 November 10am New York cut

November 2, 2023
in Forex
Reading Time: 2 mins read
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FX option expiries for 2 November 10am New York cut

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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.

For extra data on the right way to use this information, you might consult with this submit right here.

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