Technical analysis: Euribor Futures

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Euribor – December 2009
Thu, Aug 13 2009, 08:37 GMT
by Nicole Elliott
Mizuho Corporate Bank
Comment: Odd price action this week as central banks’ exit strategies are discussed at length while money market futures contracts rally, some to new record highs. Euribor’s price action last week was a miniature version of June’s slide and it now looks set for another cautious upside probe. The longer this sort of price action repeats itself (as it has done this year), the more unstable it becomes.
Strategy: Possibly attempt small longs at 99.025, adding to 98.960; stop below 98.850. Upside target contract high at 99.105 and then 99.150.
Published on
Thu, Aug 13 2009, 08:39 GMT
Archive
- Euribor – March 2010
Published On Thu, Nov 19 2009, 09:32 GMT
- Euribor – March 2010
Published On Thu, Nov 12 2009, 08:27 GMT
- 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
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Mizuho Corporate Bank
| 1-3-3, Marunouchi, Chiyoda-ku, Tokyo 100-8210
http://www.mizuho-cb.co.uk | Nicole.Elliot@mhcb.co.uk
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