USDCAD amongst the pairs in play as option expiry time looms

Author: Mike Paterson | Category: Forex Orders

A few fx pairs in play as 10.00am EST approaches 18 Jan

Further to my earlier post just a heads up that we have some expiries in close proximity.

We've seen a move up in USDCAD to 1.2480 from 1.2440 only to fall back to 1.2467 as the battle of the USD 780m contracts at 1.2460 plays out amid ADP employment report et al.

Also of note are the large USDJPY contracts at 111.00 and 1110.80 and it's no coincidence imho that we're testing lower as I type.

Let's see what transpires in the next 30 mins.

Remember these are vanilla options and in play right up until expiry even if breached meanwhile, unlike barrier options which cease to be once broken.

For more info on how to use this data, please refer to this post here.
                                                 USDCAD 10m
                                                 USDJPY 15m