By Rob Howard — Apr 06 - 06:55 AM
A large 1.1800 option expiry is helping to anchor EUR/USD
The size of the strike for the 10am NY cut is 1.5 billion euros
Demand for short-dated 1.1800 strikes was seen pre-Easter nL1N2LU0QS
Option barriers at 1.1700 helped define last week's 21-week low nL1N2LU0DH
IMM speculators cut net EUR long by 21% in week to March 30 nL1N2LZ0AA
EURUSD Click here
Source:
Refinitiv IFR Research/Market Commentary