Free Trial

Weaker, White Pack Heavy Volume >1.1M

US EURODLR FUTURES CLOSE

Progressively weaker, Golds underperforming, lead quarterly EDU0 extending lows even after 3M LIBOR set' -0.0099 to 0.2460% (-0.0040/wk). Heavy volume in Whites (EDU0-EDM1) over 1.1M futures tied to Vanguard Fund annc $125B Prime MMF to Gov security fund. Chatter move could widen FRA/OIS. Update:

  • Sep 20 -0.010 at 99.760
  • Dec 20 -0.025 at 99.695
  • Mar 21 -0.015 at 99.770
  • Jun 21 -0.015 at 99.780
  • Red Pack (Sep 21-Jun 22) -0.02 to -0.015
  • Green Pack (Sep 22-Jun 23) -0.025 to -0.02
  • Blue Pack (Sep 23-Jun 24) -0.035 to -0.025
  • Gold Pack (Sep 24-Jun 25) -0.055 to -0.04

To read the full story

Close

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.