Are you ready to dive into the world of FX option expiries? Get ready to explore the key events happening on February 5th at 10 am New York cut. But first, let's talk about the EUR/USD at the 1.1800 level. This pair has been weaving in and out of the figure level, and the expiries will provide some interest to keep the price action close by. However, the dollar has been strong so far this week, and today is no exception. We're seeing shaky risk sentiment and precious metals facing a setback. Silver is down by over 10% to $78.63, and gold is down 0.8% to $4,924. But that's not all. Keep an eye on USD/JPY as well, as the pair is continuing to keep near 157.00. This might invite actual intervention from Tokyo as the rebound continues. We're just 200 pips away from the 159.00 mark, where the line was drawn and 'rate checks' were performed. So, what's the best way to use this data? For more information, check out this post (https://investinglive.com/Education/!/forexlive-education-option-contracts-their-impact-and-how-to-trade-off-them-20161116/). Head on over to investingLive (https://www.investinglive.com/) (formerly ForexLive) to get in on the know! But here's where it gets controversial... What do you think about the potential intervention from Tokyo? Do you agree or disagree with the 'rate checks' being performed? Share your thoughts in the comments below!
