FX option expiries for 23 September 10am New York cut

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There are a couple of key expiry levels to take note of on the day, as highlighted in bold below.The first ones are for EUR/USD at the 1.1400 and 1.1450 levels, sandwiching the current spot price - sitting less than 30 pips in between both.The expiries, especially the ones at 1.1400, could offer some pull factor ahead of the cut if price momentum in EUR/USD continues to stick to the downside. The dollar has been trading firmer in the past few sessions, with bond yields continuing to keep elevated despite a pullback in oil prices. So, that remains a key driver of dollar sentiment and overall price action for dollar pairs.Meanwhile, the expiries closer to 1.1450 might just offer some pull on any upside price extensions - helping to keep a lid on price action. The 100-hour moving average at 1.1468 will also add another layer in keeping the downside push in recent sessions intact. So, that is one to watch out for.In looking at potential catalysts for any price movements, we will have preliminary PMI data for France, Germany, and Eurozone up ahead later today.Besides that, there is one for USD/JPY at the 157.00 level. It is sitting some distance away from the current spot price, so we may not see the expiries factor too much into play. That unless we see the dollar fall back on any other external catalysts in the session ahead. Otherwise, the technical playbook and intervention risks will offer more interest in the day ahead.For more information on how to use this data, you may refer to this post here and/or refer to the Q&A below. This article was written by Justin Low at investinglive.com.