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FX option expiries for 7 May 10am New York cut

There aren’t any major expiries to take note of on the day. As things stand, trade headlines remain the biggest driver of price action and we got a taste of that earlier with some positive news on US-China talks. That is keeping the risk mood underpinned with the dollar also catching a slight bid across the board. The gains for the greenback have eased back a little but as things stand, headline risks and risk sentiment are still the two key drivers to pay attention to.

As for the expiries, there will be bigger fish to fry in the days ahead. But we’ll see if they will factor into play depending on how price action plays out in the sessions ahead.

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