There's a few option expiries of note today 15 July 2016
USDJPY has enjoyed a lively session with yen pairs in constant flux.
A range so far of 105.40-106.20 and plenty of up n down in between sees the pair currently pinned down between 105.60-105.90 as we await a raft of US data.
USD 1.6bln rolling off at 105.50 at 14.00 GMT casting a shadow and providing support so far it appears. Let's see where we are closer to the time after all the releases but keep the option interest in mind when looking at the price action if it seems to be flying in the face of reason ( if any exists in these markets as ever).
Huge AUDJPY interest at 79.60 not in play at current levels of 80.95 but it may well have been behind the Asian base of 79.95. Keep an eye on any dips ahead of the expiry.
Remember that these are "vanilla" options so still in play right up to expiry at 14.00 GMT on the day even if breached in the meantime, unlike barrier options.
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