FX option expiries for 13 May 10am New York cut

There aren’t any major expiries to take note of on the board for today. As such, traders will be sticking to the broader risk mood as the key driver of trading sentiment. After the bustling gains in risk yesterday, we’re seeing things settle down a bit. And that’s also leading to some cooling off in the dollar gains so far.

That’s the main factor that will drive price action in the session ahead, to see if the mood music from yesterday will continue or if we’re going to settle down to digest the situation a bit more. But coming up later, there is the US CPI report to watch out for as an added key risk event.

For more information on how to use this data, you may refer to this post here.