There aren’t any major expiries to take note of on the day, with the full list seen below.
Trading sentiment continues to revolve around the broader market mood, with dollar sentiment still being the key driver among major currencies. That is all still tied to US-Iran headlines and for the most part this week, it is all coming from US trading.
The latest was Trump’s comment yesterday that they are in the “final stages” of negotiations, giving markets some hope that there will be a breakthrough in the coming days. It was enough to turn the tide and see Wall Street post a strong close, turning around the losses from earlier this week.
At the same time, that weighed on the dollar but the overall reaction among major currencies was not too significant. The dollar did lose some ground but is still keeping thereabouts against the likes of the euro and aussie when compared to the close last week. Meanwhile, USD/JPY continues to stick closer to the 159.00 level amid heightened intervention risks.
So far today, the market mood is calmer and is circling back towards being more cautious and tepid
