By Rob Howard — Aug 25 - 07:05 AM
Large 0.6410 and 0.6425 option expiries roll off on Monday (August 28)
The cumulative size of the strikes for Monday's NY cut is A$2.1 billion
Big expiries can exert magnetism over FX rates, re: option-related flow
AUD/USD holds above 0.6400 before Fed Chair Powell speaks nL1N3A60L4
Source:
Refinitiv IFR Research/Market Commentary