FX option expiries for 20 May 10am New York cut
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On May 20, the key FX option expiry to note is for EUR/USD at the 1.1600 level. While it lacks technical significance, it may influence price action in European trading. Current market sentiment is driven by risk and dollar dynamics, particularly related to US-Iran developments. Higher oil prices and bond yields are pressuring risk trades, benefiting the dollar. EUR/USD is experiencing a technical break lower, with six losses in seven days. The expiries board appears subdued for now.
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