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*** Squaring up or adding risk...>

US EURODLR FUTURES
US EURODLR FUTURES: *** Squaring up or adding risk heading into FOMC? Perhaps a
little of both. Another 13,000 EDZ9/EDZ0 at bought on day, 0.080 last after over
70k bought from 0.070-0.075 earlier (and +25k 0.065-0.070 Tue) -- looking for
shift higher in 2019 Dots projection. Meanwhile, front end of curve gradually
moving off lows after 8k EDM8 1Y bundle block buys, fading more aggressive rate
hike pricing for 2018. Current White pack (Jun'18-Mar'19):
* Jun'18 -0.015 at 97.645
* Sep'18 -0.010 at 97.555
* Dec'18 -0.010 at 97.420
* Jun'19 -0.015 at 97.310
* Re0d pack (Jun'19-Mar'20) -0.020-0.035
* Green pack (Jun'20-Mar'21) -0.035-0.040
* Blue pack (Jun'21-Mar'21) -0.040-0.035
* Gold pack (Jun'22-Mar'22) -0.035-0.025

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