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EURUSD 1.1750 Expiries for May 8 NY Cut Muted Amid NFP, Geopolitics

FX option expiries for the May 8 10am New York cut spotlight EURUSD at 1.1750, with analysts expecting limited market impact as the level lacks technical alignment. This follows yesterday's May 7 expiries at 1.1700–1.1715, which provided a near-term floor near hourly moving averages of 1.1716–1.1723 and ahead of 1.1800 resistance. Trading direction now hinges on US–Iran headlines, broader dollar and risk sentiment, upcoming US non-farm payrolls, and USDJPY intervention risks near 157.00.

Category

EUR/USD

Sentiment

Neutral

Event

Market data

Reading time

1 min