There aren’t any major expiries to take note of for the day, with the full list seen below.There is a large-ish one for EUR/USD at the 1.1600 mark but it likely won’t factor much into play. That as the broader market sentiment right now is more focused on inflation fears as the Middle East conflict looks set to drag on further.US president Trump delivered a 48-hour ultimatum to Iran, calling for the reopening of the Strait of Hormuz. That deadline will end later today but so far, Iran has not shown any signs of relenting.As such, markets are growing even more anxious amid higher bond yields as major central banks shift to factoring in rate hikes this year. That’s leading to broad-based selling in other markets too with stocks getting crushed and precious metals also losing out on a double whammy i.e. no more supportive rate cuts and potential margin calls being triggered.In essence, there’s almost no shelter when we get into this phase of the crisis and markets are selling off everywhere. The dollar is one of the better bets as everyone is hunting for cash. So, that’s the biggest driver impacting trading sentiment in the major currencies space today.The expiries above will have minimal impact, with traders staying focused on risk sentiment as well as headline risks. It’s still all about the US-Iran conflict currently. There is just no other game in town.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.
💡 DMK Insight
With no major expiries today, traders should focus on inflation fears impacting market sentiment. The EUR/USD expiry at 1.1600 might seem significant, but with inflation concerns dominating the narrative, it’s likely to be overshadowed. Inflation data can lead to volatility, especially if it deviates from expectations. Traders should keep an eye on economic indicators, particularly CPI releases, as they could trigger sharp moves in currency pairs. Watch for any shifts in the EUR/USD around the 1.1600 level; a break below could signal further bearish momentum, while a bounce might indicate support. Given the current climate, positioning for volatility could be wise, especially in the forex market where sentiment can shift rapidly based on macroeconomic news. Keep your charts ready for potential breakout patterns as traders react to inflation data in the coming days.
📮 Takeaway
Monitor inflation data closely; a break below 1.1600 in EUR/USD could signal further downside risk.





