Nearly $1.15B in EUR/USD options expire at 1.1500, potentially limiting losses before Friday’s US jobs data.
EUR/USD faces a notable option expiry at the 1.1500 level today, with the strike sitting just below the 100-hour moving average of 1.1512. The pair has held above 1.1500 this week, supported by a subdued dollar amid USD/JPY intervention and pre-payrolls caution.
The expiry lacks strong technical significance but may act as near-term support, while the 100-day moving average at 1.1562 caps upside. Broader risk sentiment, driven by US equities and geopolitical optimism, could further influence dollar flows.
Markets remain cautious ahead of Friday’s non-farm payrolls report, with traders balancing technical levels and macroeconomic cues.