A heads up that Draghi steps to the mic at 13.30 GMT 21 Sept
ECB website says:
Event: Welcome remarks by the President of the ECB and Chair of the European Systemic Risk Board at the 2nd ESRB annual conference in Frankfurt, Germany
Text: The text will be made available on the ECB’s and ESRB’s website.
Any moves on his comments will be interesting given there are a number of large option expiries at 14.00 GMT to keep in mind on the extremes and closer.
- EURUSD: 1.1750 (EUR 900m) 1.1800 (1.3bln) 1.1950 (1.65bnln) 1.2000 (515m)1.2100 (1.14bln)
Remember that these are “vanilla” options so still in play right up to expiry at 14.00 GMT even if breached in the meantime, unlike barrier options which cease to be once hit. The actual amounts can change right up to expiry.
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Draghi comments due with euro finely balanced
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