There is arguably just one to take note of on the day, as highlighted in bold below.
That being for EUR/USD at the 1.1750 level. The expiries don’t tie to any technical significance, so I would expect the impact to be relatively muted; all else being equal.
Trading sentiment remains largely tied to the broader risk and dollar mood. As such, US-Iran headlines continue to be the key driver at the moment. And unless there are new developments, we could see markets stick to a more limited range in the session ahead. That especially as traders and investors will also be looking to the US non-farm payrolls data before the weekend.
Besides that, there isn’t much else to note other than a reminder that USD/JPY remains in dangerous territory near 157.00 with Tokyo officials likely to intervene again if price action were to cross that mark.
For more information on how to use this data, you may refer to this post here.
