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FX option expiries for 23 May 10am New York cut
There is just one to take note of for the day, as highlighted in bold.That being for USD/CHF at 0.8975, which sits in between both the 100 and 200-hour moving averages at 0.8998 and 0.8973 respectively at the moment. That could see price action be more cornered in between those levels in the session ahead - before the expiries roll off - with the 0.9000 mark also limiting further upside in the pair in the short-term.But just be wary that PMI data in Europe could be a trigger for dollar and bond...
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Posted: May 23 2023, 05:24
Author Name: forexlive
Views: 112550