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FX option expiries for 30 April 10am New York cut

The piece highlights FX option expiries for the 30 April 10am New York cut, flagging a concentrated expiry for USD/JPY at the 161.00 level. With USD/JPY having already broken the 160.00 figure, the author sees upside momentum — describing further figure breaks as a sequence of “domino” moves — but cautions that Tokyo intervention remains the main downside risk that could cap gains. The expiries board is thin ahead of a European holiday, so the writer attributes potential influence more to psychological figure levels and intervention risk than to option interest alone.

Category

USD/JPY

Sentiment

Bullish

Event

Market data

Reading time

1 min