The USD index remained firmer above the 90.00 level after last Friday’s stronger than expected Industrial Production and ahead of a widely expected rate hike from the Fed.
EUR/USD has bounced mildly from a 1.2260 low and reclaimed a key Fib around 1.2666 in the process amidst some upbeat ECB rhetoric on growth and inflation.
Option expiries of note for today's 14:00 GMT:
EUR/USD: 1.2265 (246M), 1.2305 (537M), 1.2325 (315M).
As an early heads up for Wednesday:
EUR/USD: 1.2250 (1.3 BLN).
Still holding my old 1/3 position short open toward 1.2115 and other short position toward 1.1780.
EUR/USD has bounced mildly from a 1.2260 low and reclaimed a key Fib around 1.2666 in the process amidst some upbeat ECB rhetoric on growth and inflation.
Option expiries of note for today's 14:00 GMT:
EUR/USD: 1.2265 (246M), 1.2305 (537M), 1.2325 (315M).
As an early heads up for Wednesday:
EUR/USD: 1.2250 (1.3 BLN).
Still holding my old 1/3 position short open toward 1.2115 and other short position toward 1.1780.
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