There are some large option expiries slated for the NY cut later today and they should ensure that the market stays in range trading mode; which I’m sure its happy to do after the exertions of the week.
- Multiple AUD/USD expiries either side of 1.0650 and also around 1.0700 should ensure that the market doesn’t deviate too far from those levels
- USD/JPY: Sizeable expiries around and just below 81.00, will similarly encourage range trading
- Cable: Multiple expiries around 1.6000 and again just above 1.6100
