Currency markets are watching closely as EUR/USD faces option expiries at 1.1700 and 1.1750, providing potential boundaries for price action. Meanwhile, traders anticipate whether USD/JPY can break above the 150.00 mark, spurred by the latest political developments in Japan.

The foreign exchange market is closely watching a single significant option expiry for EUR/USD at the 1.1600 mark. While not a critical technical level, this expiry could still exert pressure on any upside moves as the dollar remains firm ahead of speeches at Jackson Hole.

Significant FX option expiries are poised to influence currency markets today, coinciding with the release of the US non-farm payrolls data. Notable expiries in EUR/USD, USD/JPY, and USD/CAD are expected to affect price action ahead of the US holiday.