EUR 1.1500 and JPY 160.00 option expiries could limit short-term moves amid broader USD strength and intervention risks.
EUR/USD options expiring at 1.1500 and USD/JPY at 160.00 may provide temporary support, though neither level holds technical significance. The dollar remains firm as geopolitical tensions and defensive risk sentiment persist, pressuring the euro further after last week’s selloff.
While the EUR expiries could align with bids near 1.1500, USD/JPY’s 160.00 level is overshadowed by potential Japanese intervention. Markets are closely watching for signs of official action, which could override expiry-related flows.
Dollar strength remains the dominant driver, with risk aversion keeping the greenback underpinned. The expiries may offer only modest intraday stabilization without a shift in broader sentiment.