FX option expiries for 30 April 10am New York cut

There are a pair to pay attention to on the board for at this time, as highlighted in daring.

The primary one is for EUR/USD at 1.1390 and that rests in between the important thing hourly shifting averages of 1.1372 and 1.1401 in the mean time. The expiries may assist to lock in value motion earlier than we get to US buying and selling, the place month-end flows shall be one to be careful for. That alongside extra headline danger after all.

Then, there may be one for USD/JPY on the 142.00 stage. It is not one which ties to any technical significance however the expiries may assist restrict draw back value motion on the day, as seen with the previous few periods on the determine stage, earlier than rolling off.

Even with the extra related sizes and ranges, I would nonetheless argue that month-end flows and reactions to any headline dangers are the 2 larger drivers for value motion within the day forward.

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