Billions and billions to contain EUR/USD ahead of NY options cut
Around $4bn to be precise with around $1.3bn going off at 1.35, $1.4bn at 1.36 and $1.3bn at 1.3650.
Option expiries 17 01 2014
Alongside some large USD/JPY expiries between 104 and 104.50 and a general lack of interest in moving prices we could be locked into range for the early part of the US session. Here’s hoping we’re not.