There are just a couple to take note of on the day, as highlighted in bold below.
That being for USD/JPY at around the 158.00 and 158.50 levels. The pair continues to seem to be content to weave in and out around the 158.00 mark, that as traders continue to flirt with further upside potential while being wary of intervention risks from Tokyo.
As such, I wouldn't attach too much significance to the expiries as trading sentiment revolves more around the look and feel of headline risks (verbal intervention and what not) for the most part.
For the time being, it seems like Tokyo officials have done enough to limit the damage. However, the fact that the Japanese yen can't get off the floor despite a faltering dollar and negative risk mood says a lot about the currency's plight at the moment.
The expiries at the figure level could still play a part in holding price action on the day. But as mentioned above, it's all about watching for any talk from government officials and weighing that up against the market mood as well as parabolic surge in Japan government bond yields - which are seen cooling slightly today.
That is the more important detail for USD/JPY at this point in time, alongside dollar sentiment in general. The focus on that shifts towards Trump's appearance and meetings in Davos next.
For more information on how to use this data, you may refer to this post here.
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