FX option expiries for 12 May 10am New York cut ...Middle East

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The first being for EUR/USD at the 1.1250 level. It isn't one that ties to any technical significance but the expiries do sit nearby the gap closure level after the pair opened with a gap down today. The dollar is in a better spot amid positive news from US-China talks over the weekend.

There's also one for USD/JPY at the 145.65 level but again, it's not one that ties to any technical significance either. As such, the impact of the expiries might be more muted as dollar and risk sentiment remain bigger drivers of how price action will behave in the session(s) ahead. That especially with headline risks also still taking center stage at the moment.

For more information on how to use this data, you may refer to this post here.

This article was written by Justin Low at www.forexlive.com.

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