EUR/USD – €5.3 billion expiry at 1.25 today: by Milan Cutkovic

There are €5.3 billion worth of option expiries for today’s NY cut (10:00 AM NY, 15:00 London), which are likely to keep EUR/USD close to that level, given the lack of Tier 1 data releases. Looking ahead, there are €3bln expiring at 1.25 on Wednesay, as well as €4.5bln on Friday.

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