FX option expiries for 5 December 10am New York cut

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

That being for USD/JPY at the 155.00 mark. Sellers tried to make a play once again yesterday in trying for a firm break below the figure level but ultimately failed as the daily close held at 155.05. So, they’re going to have to take another shot at that today. The expiries above will help to keep a rough lid on price action at least in terms of limiting upside potential, that as the dollar remains softish and the yen continues to work with more hawkish expectations ahead of the BOJ meeting later this month.

The technical side of things is what is going to be key in closing out the week though. So, watch out for that daily/weekly close under 155.00 to put more pressure on the pair next week if we do get there.

I’ll be away until 16 December, so Giuseppe will take over to keep you guys posted on the expiries in the week ahead at least. I’ll see if I can sneak in a preview for the expiries board for next week before I go

FX option expiries for 5 December 10am New York cut

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