There aren’t any major expiries to take note of on the day, so trading sentiment will stick to the ebb and flow from yesterday.
The dollar remains in a mixed spot with USD/JPY still caught around its December lows under 150.00. 10-year Treasury yields are now inching lower to test its 100-day moving average of 4.38%. So, that’s a critical one to watch as we navigate through the week.
But not all is bad for the dollar, with EUR/USD staying away from a breakout above 1.0500 for now. The pair caught early bids yesterday but fell back after and is settling below the key level for now.
A more negative risk mood is also keeping things in check, with US stocks ending lower again awaiting Nvidia’s earnings release tomorrow.
At the same time, month-end flows are coming into the picture as well so that might make for a bit of a mess in reading too much into things in the sessions ahead.
In any case, the expiries won’t be a real factor in impacting trading sentiment at least for today.
For more information on how to use this data, you may refer to this post here.
