A look at the forex options expiring at the 10am (15.00 GMT) New York cut 22 November 2017
The options have had a big say in price moves recently and that’s been because the market isn;t really doing a lot and liquidity isn’t that great. Yesterday we saw some big moves in USDJPY and USDCAD into the expiries and rarely do we see moves like that in more liquid conditions. If that’s the case again today, we could see some frisky moves later, although at the moment, the spot price is hanging around the main big expiries already in USDJPY, EURUSD and USDCAD. Perhaps EURUSD is the only pair we might see some moves as there’s big expiries going off between 1.1700 and 1.1855. That could give options players room to roam.
For more information on how the options can affect the spot price, check this post out.