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FX option expiries for 9 July 10am New York cut

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There are only two things to really pay attention to on this day, as shown in: wide.

Both for EUR/USD are at the 1.0800 and 1.0875 levels. The first level is said to be the most interesting, as it aligns with the major daily moving averages. The technical significance there along with the bids at the figure level is likely to help support the price action before it pulls back later in the day.

Additionally, there are some large trades in USD/JPY and USD/CAD, but they are unlikely to be in the trades today. There are not many catalysts for market players to work with, so we may see a quieter trading period until the contracts expire.

The USD/CAD pair holds at least some technical significance, as it sits near the 200-day moving average at 1.3596. If the price action extends, that could provide some interest. So just keep this in your back pocket in case there are any surprises in European trading today.

For more information on how this data is used, you can refer to this blog post here.

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