FX option expiries for 8 May 10am New York cut

There is just one to take note of on the day, as highlighted in bold.

That being for EUR/USD at the 1.1300 level. It isn’t one that ties to any technical significance though, so the impact might not be too striking. But amid a bit of a wait until we get to Trump’s trade deal announcement, the expiries could help to provide a bit of a magnet for price action in the session ahead.

But as has been the case in the past two to three weeks, it’s all about trade headlines and the risk mood. So, those will remain as the key drivers of trading sentiment as we look to the day ahead.

For more information on how to use this data, you may refer to this post here.