Expiries at 1.1415-1.1475 for EUR/USD and 163.50 for USD/JPY could limit price swings ahead of eurozone data.
EUR/USD option expiries between 1.1415 and 1.1475 may constrain price action, with 1.1475 acting as resistance near July’s 1.1470-80 range. The 1.1450 level could further tighten trading unless eurozone Q2 GDP or inflation data surprises markets. Dollar sentiment remains the primary driver for major currencies, with Treasury yields near 4.71% adding pressure on broader markets.
While the expiries lack strong technical significance, they may still influence intraday moves. USD/JPY expiries at 163.50 are seen as less impactful, with the pair’s direction largely tied to dollar strength and bond market trends. The Fed’s recent decision has not fully reversed the greenback’s trajectory, leaving room for a potential rebound if yields remain elevated.
Traders are advised to monitor bond markets closely, as higher yields could support a dollar recovery into the week’s close.