There is arguably just one to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1750 level. The expiries don’t tie to any technical significance, so I would expect the impact to be relatively muted; all else being equal.
Trading sentiment remains largely tied to the broader risk and dollar mood. As such, US-Iran headlines continue to be the key driver at the moment. And unless there are new developments, we could see markets stick to a more limited range in the session ahead
FX option expiries for 8 May 10am New York cut
