There are just a few expiries to take note of on the day, as highlighted in bold below.
There are just a few expiries to take note of on the day, as highlighted in bold below. That being for EUR/USD at the 1.1695-00 levels.
Once again, the expiries here may limit price movements closer to the figure level in the session ahead. However, just be wary that the main driver of trading sentiment remains US-Iran headlines at this stage. So, that will be the bigger factor influencing price action if we are to see any notable headlines cross the wires today.
But considering the more tepid mood in Europe that we tend to see, the expiries could offer a bit part role in keeping a more muted range for EUR/USD before we get to US trading at least. Besides that, month-end flows will also be a consideration in the sessions ahead. So, just be wary of that as we count down to a holiday-shortened week for European traders as well.