I’m now hearing of a 1.6500 option expiry today which could be around GBP 250 mln, and would help to explain the cap near the price so far.
Also talk doing the rounds of a significant barrier option in place on EURUSD at 1.3900 which would make sense after Friday’s fun and games and high of 1.3893
This in addition to yet another large USDJPY 105.00 expiry today that I reported earlier
More order/option news as we get it.