EUR/USD is sitting just above 1.1900, which is the point at which EUR2.4 bln of options expire Friday, so that should be enough to underpin the euro.
The broader dollar rally is also showing clear signs of fatigue, which helps encourage euro bulls. Even Italian political horse trading to form a government has stopped being a market-moving event.
The week ahead brings large option expirations at the 1.20 mark, so that's likely to be the next price point to act as a magnet for EUR/USD.
Източник: Bloomberg Pro Terminal
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