USDCAD pinned around 1.2650 as the option expiry clock ticks down

USDCAD feeling the option expiry impact again 10 April

Currently 1.2650 on the lower end of 1.2650-60 interest totalling USD 825m as per my usual daily update.

Awful building permit data and stronger USD PPI did little to send it higher as I noted at the time, so just giving you another heads-up.

Nothing else really of note in play or reachable in 25 mins but we never say never in FX markets eh?

Remember these are vanilla options and in play right up until expiry even if breached in the meantime unlike barrier options which cease to be once broken.
Barrier options still live:

  • EURUSD 1.2600
  • USDJPY 104.00

For more info on how to use this all data, please refer to my post her

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