EURUSD pinned down by option expiries. Again.
Large option contract interest rolling off today again 12 March
Just as we saw EURUSD range contained around 1.2300 post US data on Friday so we have it again today.
A reminder we have large interest at 1.2250-60 (1.4bln) 1.2270 (1.2bln) 1.2300 (1.45bln) 1.2330-40 (1.2bln)
NZDUSD has interest at 0.7300 too
Currently 1.2301 and 0.7296. Don't forget the expiry time is 10.00 EST so now 14.00 GMT with the 1 hour change in US clocks