日本語
Español
中文
- New York 16:00
- London 21:00
- Barcelona 22:00
- Tokyo 06:00
- Sydney 08:00
Technical analysis: Euribor Futures
1
0
Euribor – December 2008
Thu, Oct 2 2008, 07:48 GMT
by Nicole Elliott
Comment: Investors currently view two-year Treasury paper as the ultimate safe-haven because anything shorter is distorted by chaotic money markets. This has led to a sudden sharp steepening of the yield curve, and a reappraisal of thirty-year Bunds, while the spread over US has (and should continue) to narrow. Mounting year-end pressure interbank sees Euribor calendar spreads close to their most inverted ever, with no let-up in sight. Three-month Libor (creeping up to 5.303%) over Bubill yield (from 4.30% on the 11th to 2.02% today) has widened dramatically as Eurozone investors wake up to the shaky banking system at home. This Euribor futures contract has bounced by more than we had allowed for, nevertheless we shall watch for cautious signs of topping this week.
Strategy: Possibly attempt tiny shorts at 95.080; stop above 95.175. Cover shorts ahead of 94.640 and watch for signs of basing.
Published on Thu, Oct 2 2008, 07:51 GMT
Archive
- Euribor – March 2010
Published On Thu, Nov 5 2009, 08:25 GMT - Euribor – March 2010
Published On Thu, Oct 29 2009, 08:48 GMT - Euribor – March 2010
Published On Thu, Oct 22 2009, 08:24 GMT - Euribor – December 2009
Published On Thu, Oct 15 2009, 08:13 GMT - Euribor – December 2009
Published On Thu, Oct 8 2009, 08:59 GMT
Mizuho Corporate Bank
| 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk
Legal disclaimer and risk disclosure
The information contained in this page is based on or derived from information generally available to the public from sources believed to be reliable. No representation or warranty is made or implied that it is accurate or complete. Any opinions expressed in this paper are subject to change without notice. This page has been prepared solely for information purposes and if so decided, for private circulation and does not constitute any solicitation to buy or sell any instrument, or to engage in any trading strategy.Related reports
Start the Day - US Major Nidal Malik Hasan shoots dead 12 and wounds 31 at largest army base, Texas by Mizuho Corporate Bank
Fri, Nov 6 2009, 07:31 GMT
Forex Technical Report - Bank of England Policy Decision Could Trigger Volatile Moves by ForexHound.com
Thu, Nov 5 2009, 13:13 GMT
Technical analysis: Euribor Futures - Euribor – March 2010 by Mizuho Corporate Bank
Thu, Nov 5 2009, 08:25 GMT
Forex Trading Strategies - Market treading water, gauging whether correction will continue or reverse back to the old trend by Saxo Bank
Tue, Oct 27 2009, 13:49 GMT
Technical analysis: US Ten Year Note Future - US TNote Future – Dec 2009 by Mizuho Corporate Bank
Tue, Oct 27 2009, 09:39 GMT
Related content
UK Treasury: Banking Reform Needs To Take Place Over Time
Dow Jones | Wed, Oct 21 2009, 10:20 GMT
Forex: EUR/USD holds steady near 1.4800
FXstreet.com | Tue, Sep 22 2009, 18:05 GMT
Demand for Treasuries remains strong
Forex Live | Thu, Aug 13 2009, 23:03 GMT
Yield on 30-year Treasuries rise as demand drops
Forex Live | Thu, Jul 9 2009, 21:50 GMT
Midday Market Recap: Stocks Flat, Canadian Dollar Higher, Treasuries Down
CEP News | Fri, Apr 3 2009, 17:05 GMT
Interested in forex trading? forex brokerage firms!
GET CASH BACK FOR YOUR TRADES! Learn more about the Pip Rebate Program
Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.
Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. FXstreet.com has not verified the accuracy or basis-in-fact of any claim or statement made by any independent author: errors and Omissions may occur.
Any opinions, news, research, analyses, prices or other information contained on this website, by FXstreet.com, its employees, partners or contributors, is provided as general market commentary and does not constitute investment advice. FXstreet.com will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
©2009 "FXstreet.com. The Forex Market" All Rights Reserved.