EUR/USD and AUD/USD FX expiries impact market movement

Today, March 19, there are key expiries in the foreign exchange market to watch. Notably, for the EUR/USD currency pair, expiries are set at 1.0900 and 1.0950. The U.S. dollar is showing some weakness, which makes it challenging to hold the euro below these levels, particularly with the euro gaining strength. These expiries could help stabilize the EUR/USD price movements until U.S. trading begins. In the case of the AUD/USD pair, there is significant attention on the 0.6340 level. The 100-day moving average is close by at 0.6348, which adds more pressure to sellers. Earlier this week, buyers pushed the AUD/USD above this moving average. However, yesterday’s negative market sentiment created hesitance. Market players will be watching these levels closely as trading develops throughout the day.