Schedule euro to dollar at intervals of 15 minutes
The dollar rallied wide amid a retreat in US stock futures, while the euro weakened amid falling yields on European bonds after ECB members played down inflation concerns. Bloomberg dollar spot index rose 0.1%; the dollar is strengthening against all of its G-10 peers and the offshore yuan. The expiration of the option can affect several currency pairs on Friday.
USD / JPY climbs 0.2% to 109.53 as US 10-year Treasury yields and WTI crude prices rise; spot rate gains could be slowed by more than $ 2.5 billion worth of options expiring on Friday between 109.80 and 110.00; support is seen at 55-DMA 109.24 and 109.00.
EUR / USD fell 0.2% to 1.2135 amid falling yields on European bonds after ECB Governing Council member Claes Knuth said the central bank could control inflation. ECB board member Robert Holzmann also does not see inflation pressure. The spot rate is in the middle between the large options expiring on Friday at 1.2100 (2.2 billion euros), 1.2150 (1.9 billion euros) and 1.2200 (1.8 billion euros). Grubhub acquisition related corporate streams are expected. It can also weigh on the euro. Support is seen at the June 4 low at 1.2104.
Pound / US dollar declines slightly to 1.4145, the pound fell on growing concerns about the spread of a new virus strain in the UK.
AUD / USD -0.2% at 0.7738; a number of nearby options expire on Friday. US economic data includes the University of Michigan Sentiment Index for June.