Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
US EURODLR FUTURES
- Eurodollars have chipped away at session lows from the initial payrolls reaction but still see a reasonable steepening on the day, with EDZ2 -0.09, largest declines in EDZ3 at -0.105 and easing thereafter (EDZ3 -0.075, EDZ4 -0.045).
- EDZ2/EDZ3 limited to just -0.18 before a more heavily loaded -0.64 for EDZ3/EDZ4.
- It comes with Fed Funds now fully pricing the 125bp of hikes the median FOMC member pencilled in for year-end and continues to a terminal effective 4.65% in Mar’23 before cutting to 4.39% end’23. Williams, usually at the more 'dovish' end of the spectrum, sees the Fed needing to raise rates to around 4.5% over time.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok