FX option expiries for 30 March 10am New York cut

There is arguably just one to take note of on the day, as highlighted in bold below.That being for EUR/USD at the 1.1550 level. It’s a modest-sized one but not likely to feature much into play. The expiries do sit near the confluence of the key hourly moving averages, seen at 1.1548-57 currently. So, that could add another layer in terms of limiting any upside extensions to price action in the session ahead.The dollar is keeping steadier to start the new week though the risk mood is also calmer after the heavy selloff on Friday. The US-Iran conflict and accompanying headlines remain the key driver of trading sentiment. So, that overrides everything else including the potential impact for any expiries still.In terms of data releases, there won’t be much in Europe to shake things up today with only the German CPI figures to work with. That might offer some interest considering that we could start to see some impact of higher energy prices on March data, at least the early signs.Besides all of that, month-end and quarter-end flows will also be a consideration. So, keep that in mind especially as we gear towards the London fix over the next two days.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know!
This article was written by Justin Low at investinglive.com.

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