EURO Option expiries

From the FXWW Chatroom: Euro – Dominated by option expiries with today seeing euro 4bln of 1.0500’s and talk of heavy bids in toys around 1.0460-50 associated with a large barrier KO at 1.0450.( March 2015 lows 1.0463) Further barriers at 1.0400 and the largest at 1.0300. There are further large strikes Tom with a further euro 2.5bln of 1.0500’s and euro 3bln of 1.0600’s. Strike interest likely to anchor  the euro but market all looking for rallies to sell.

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