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FX option expiries for 12 August 10am New York cut
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There are just a couple of expiries to take note of on the day, as highlighted in bold below.
That as we see the dollar get settled in during the week, awaiting the US CPI report later today.
As such, expect EUR/USD price action to be more muted in the run up; with or without the expiries impact.
Meanwhile, there will be some bids layered closer to the 1.1500 mark but we are unlikely to see the expiries factor much into play to add to that before the inflation data.
Dollar sentiment is largely riding on the US CPI report today, so that will be the bigger factor to move major currencies.