FX option expiries for 17 August 10am New York cut

The article reviews FX option expiries for the 17 August New York cut and highlights USD/JPY as the key pair to watch, with a notable expiry at 159.00. Market focus remains on intervention risk rather than the expiry itself, as USD/JPY has been hovering near 159 for about a week and traders are reluctant to push decisively toward the 160 psychological barrier. Near-term resistance is described around 159.50, while buyers may re-enter around 158.50-70, with the 200-hour moving average at 158.71 also noted as a technical reference. Overall, the piece suggests limited immediate impact from expiries and emphasizes broader dollar sentiment as the main driver for intraday FX moves.