USDJPY option expiries at 107.00 casting a shadow via ForexLive

USDJPY sees large option contracts rolling off today 5 May 2016 I highlighted the in my daily post and warned that they will be in play. £2.17bln of expiries Currently  107.16 don't be surprised to see the price range tighten as 14.00 GMT approaches and this retreat back toward 107.00 should provide some USD supply in other pairs.

posted via ForexLive