FX option expiries for 13 May show no major events

FX option expiries for the 13 May New York cut at 10am are largely uneventful, with no major strikes to note on the day. The full list of expiries is available, but traders are focusing on broader market themes rather than specific option barriers.

The market mood remains muted as participants continue to assess the US-Iran situation, which has yet to see a positive breakthrough. This uncertainty is keeping broader markets on edge, with oil prices nudging higher to start the week. WTI crude is holding above $100, adding to inflationary concerns. A hotter-than-expected US inflation report yesterday has further dampened risk appetite, making traders more cautious. The bond market is also under pressure, with yields pulling higher, which is a key factor for currency markets as rate differentials shift. For forex traders, the lack of major option expiries means less potential for intraday volatility from barrier-related flows, but the underlying macro drivers remain active. Traders can monitor these moves on NowPrice's live FX dashboard to track real-time price action.

Looking ahead, the focus will remain on geopolitical developments and inflation data. Any escalation in US-Iran tensions could fuel further safe-haven demand, while a sustained rise in bond yields may support the dollar. Key data releases and central bank commentary later this week will also be closely watched for directional cues.