Brace yourself: there aren’t any major FX option expiries to highlight on February 12 at 10am New York time. The full list below shows mostly quiet activity.
There are a few sizable EUR/USD expiries around the 1.1750–1.1760 area, but they’re unlikely to inject volatility into the session. The dollar has firmed up after yesterday’s stronger US jobs data, yet not enough to provoke a meaningful shift in price action just yet.
For EUR/USD specifically, the overnight drop found support at the 200-hour moving average, which sits near 1.1841 right now. That level will serve as the near-term floor to watch for today. If price breaks below it, there could be room to slip toward 1.1800 at a minimum, with bids clustered around the round-number 1.1800 providing potential support.
With no major catalysts on the horizon and traders waiting for tomorrow’s US CPI release, the day ahead looks light on drivers beyond a potential reaction to the US weekly initial jobless claims data.
If you want to dive deeper into how this data can move markets, check out this explainer: https://investinglive.com/Education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116/ .
For ongoing updates and analysis, visit Investing.com’s live feed at InvestingLive (formerly ForexLive) to stay informed on the latest moves and interpretations: https://www.investinglive.com/.
