There aren’t any major expiries to take note of on the day, with the full list seen below.
As mentioned yesterday, the key drivers of price action right now are dollar sentiment and the overall risk mood. The former is very much tied to the latter with US-Iran developments keeping the peace, at least for the time being. As such, all eyes are on equities and it was a troubling day for Wall Street yesterday.
The dollar posted a strong advance with EUR/USD breaking under 1.1400 and AUD/USD dropping to fresh 11-week lows under 0.7000. That is opening up further room for the dollar to run in the short-term amid a break of some key technical boundaries.
With nothing on the expiries board today, the focus in the sessions ahead will remain the same as it was to start the new week.
For now, we are seeing a calmer mood and that could yet hold with US stock investors eyeing Micron earnings after the close for some potential relief. Or perhaps yet, it could end in disaster on any subdued guidance or less than perfect results.
All else being equal, the dollar should keep steadier in the session ahead unless the risk mood sours again in European morning trade.
For more information on how to use this data, you may refer to this post here.
