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FX option expiries for 24 October 10am New York cut
There are a couple to take note of for the day, as highlighted in bold.They are both for USD/JPY at the 149.50 level and the 150.00 mark. As such, the expiries should help to limit price action in between those levels so long as bond yields also keep steadier on the day. The risk to this is that the retracement lower in Treasury yields might have more room to run, so that could trigger further pressure to the downside on USD/JPY.Otherwise, any upside should continue to stay more limited near 150...
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Posted: Oct 24 2023, 05:56
Author Name: forexlive
Views: 112229