FX option expiries for 9 April 10am New York cut

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There are a couple to take note of on the day, as highlighted in bold below.The first ones are for EUR/USD at the 1.1600-10 region and also the 1.1635 level. Now, the expiries are a little bit further away from the current spot price - especially the larger ones. But with the US-Iran truce looking ever so fragile, the narrative in the past day can easily reverse course on any major headline developments.And if not, even just something as simple as markets getting nervous with there being no major changes to the Strait of Hormuz situation despite the ceasefire.The dollar managed to claw back some losses already, with EUR/USD keeping below the confluence of the key daily moving averages in the region of 1.1672-86. Hold below that and sellers will stay in it with a shout, allowing for a potential push back towards 1.1600 around the expiries. So, just be wary of how dollar and risk sentiment will twist and turn in the session ahead. That will determine if the expiries might see any impact later today.Then, there is one for AUD/USD at the 0.7050 level. I wouldn't pin too much importance on the expiries for this one even if they are sticking close to the spot price. As things stand, dollar sentiment and the overall risk mood remain the two bigger drivers of momentum. So, that will have a bigger influence on price action first and foremost. Only after factoring that in, can we really tie the potential impact of the expiries to any market moves.For now, AUD/USD is flattish around 0.7040 levels but I wouldn't expect that to stick for too long in European trading later.For more information on how to use this data, you may refer to this post here.Head on over to investingLive (formerly ForexLive) to get in on the know! This article was written by Justin Low at investinglive.com.