Limited impact expected from EUR/USD expiries as markets focus on US inflation figures due later today.
EUR/USD options totaling modest volumes expire at 1.1500 and 1.1550 levels at 10am New York time. These expiries lack strong technical significance, with the pair trading near its 100 and 200-hour moving averages around 1.1533-41.
The dollar has stabilized this week, with traders awaiting the US Consumer Price Index report for directional cues. Market activity is expected to remain subdued ahead of the data, reducing the likelihood of significant moves tied to expiries.
Resistance at the 100-day moving average (1.1566) and bids near 1.1500 may limit volatility. However, the US CPI report and potential yen intervention remain the primary drivers for major currency pairs.