Key Expiries to Watch Today

For 8 September, there are only a couple of notable FX option expiries on the board. Both are linked to EUR/USD, sitting at the 1.1700 and 1.1750 levels.

At present, the pair is trading between these strikes, with strong resistance around the 1.1730–1.1740 zone on the daily chart. This barrier stopped the upside move after the release of the US jobs report last Friday.

Market Outlook and Dollar Impact

The option expiries are likely to keep price movement restricted, unless we see a broader wave of US dollar weakness. At the same time, Wall Street’s cautious mood at the end of last week is weighing on market sentiment.

While US stocks initially reacted positively to softer labour market data, they eventually closed lower, though some late buying provided mild support.

Why Option Expiries Matter

These expiries can act as magnet levels, keeping EUR/USD within a tight range during the trading day. Traders should watch the 1.1700 and 1.1750 levels closely for potential moves if volatility increases.