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Forex options expiring today

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There are a few key levels to watch today, as highlighted in bold.

The first is for EUR/USD at the 1.0400 level. Given that the focus is now on the U.S. jobs report, the large expiries here will likely keep price movement contained—at least until we reach the main event later.

Next, there are expiries for USD/CAD at 1.4310 and 1.4355. Similar to the above, they are not significant from a technical perspective. Therefore, these expiries may simply cause some volatility in price action ahead of the non-farm payrolls data release.

Today’s U.S. jobs report will be crucial to monitor following the recent decline in bond yields this week. As a result, the dollar will be particularly sensitive to the headlines.


 Senior Dealer Yulian Bonzov

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