Japan’s decision to adjust its economic stimulus has raised optimism across global markets, sparking renewed interest in risk-related assets. Meanwhile, the Federal Reserve’s uncertain approach continues to leave investors divided about the near-term outlook for U.S. financial markets.

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.

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.