EUR/USD expiries at 1.1600 may impact price action
The EUR/USD currency pair has several option expiries today, with the most significant ones layered between 1.1575 and 1.1650.
The expiries at 1.1600 are expected to have the most potential impact on price action, similar to what has been seen all week.
The USD/JPY currency pair also has an expiry at the 110.00 level, but its price action is currently driven by intervention risks and the willingness of traders to push the limits of Japan’s ministry of finance.