Forex options expiring at the 10am (14.00 GMT) New York cut 5 august 2019
A fairly quiet start to the week. What is of note is the lack of downside coverage in many of the majors this week (and has been a feature for a while on the options landscape). That’s going to makes things a bit choppier if there’s no hedges in place. It’s also going to make it more expensive so we may see a bit more chasing going on by unhedged players.