Key FX option expiries at 1.1400 for EUR/USD and 162.00 for USD/JPY coincide with a stronger dollar amid geopolitical tensions and market selloffs.
EUR/USD options worth 1.1400 and USD/JPY options at 162.00 expire at 10am New York time, with the dollar strengthening as US-Iran tensions resurface. The 1.1400 level, a minor support last week, may face pressure as broader risk-off sentiment dominates markets.
US 10-year yields approach June highs near 3.58%, while equities decline, fueling demand for the dollar as a safe-haven asset. USD/JPY remains volatile, with intervention risks from Japan’s Ministry of Finance limiting upside despite dollar strength.
Market focus shifts to whether Tokyo officials will act to curb further yen weakness, as traders test policy limits amid a stronger dollar and rising geopolitical uncertainty.