SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : January Effect 2003 -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (556)6/16/2003 1:46:13 AM
From: Londo  Read Replies (1) | Respond to of 666
 
Euro FX: The Euro will probably flounder between 1.19 and 1.16 until Greenspan comes up and says something on the 24th. I doubt we'll see a trend until after that.

The Yen seems a little more interesting - the bank of Japan is probably going to dump another load of Yen in the marketplace (yet again).



To: RockyBalboa who wrote (556)6/17/2003 8:55:07 AM
From: RockyBalboa  Read Replies (1) | Respond to of 666
 
Now with the bonds cooling a little the Eurodollar spreads remain strong and tend to widen a little. I doubt I see the 1pt for the December maturity again...

I think, the feds expectations management could put the money market upside down, ie reducing hopes of a 0.5% rate cut to zero. The Mar 04 future at 1.05% is something very tempting to be long.