Live Updates > Live Update Details
2026-09-16 18:40:10
[Major Currency Options Expiration Ahead of Fed Decision Draws Attention] ⑴ Multiple foreign exchange options will expire at 10 PM Beijing time on Wednesday, and the market is watching potential volatility around these strike prices. ⑵ For EUR/USD, approximately 700 million units will expire in the 1.1490-1.1500 range, approximately 200 million around 1.1525, approximately 1.1 billion in the 1.1550-1.1560 range, and 2.3 billion in the 1.1585-1.1595 range. ⑶ Approximately 450 million units of USD/CHF will expire around 0.8150, and approximately 480 million units of EUR/GBP will expire in the 0.8555-0.8560 range. ⑷ Multiple GBP/USD options will expire at 1.3400, 1.3445-1.3450, 1.3475, and 1.3490, with sizes ranging from approximately 170 million to 280 million. (5) Approximately 1.3 billion and 1.2 billion units of the Australian dollar option expire at around 0.7130 and 0.7175 respectively, and about 700 million units at around 0.7150. Approximately 550 million units of the US dollar option expire in the 1.3950-1.3960 range against the Canadian dollar. (6) The US dollar option expires most concentratedly against the Japanese yen, with approximately 2.2 billion units expiring in the 154.90-155.00 range, and approximately 320 million, 360 million, and 640 million units expiring at around 155.50, 155.65, and 156.00 respectively. (7) Before the Fed's interest rate decision, these option expiries may amplify short-term volatility in the relevant currency pairs near the strike price. Traders should pay attention to the impact of liquidity changes on prices.
