There aren’t any major expiries to take note of on the day, though there are some large ones for EUR/USD and USD/JPY that could factor into play on any notable price extensions. But for now, they are sitting some distance away from the current spot prices. As such, trading sentiment will continue to be dictated by the usual suspects i.e. broader market mood and headline risks.
As things stand, dollar flows remain tied to the risk mood and the recovery bounce is starting to run into a bit of a roadblock. Trump continues to offer back-and-forth remarks on tariffs and there doesn’t seem to be much, if any at all, progress on trade negotiations with China
FX option expiries for 24 April 10am New York cut