Friday, January 18, 2019
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non-synthetic futures and option strategies

eurodollar futures hit day's highs as close nears

(14:18 et) eurodollar futures extend price gains in the final hour of regular trading as this morning's soft economic data and weaker dollar cause traders to continue pricing in lower short-term rates. quarterly 2012-2013 contracts are up as much as 5 basis points at the recently established highs. one-year calendar spreads continue to narrow, with the september 2012 contract recently pricing in a rate 52bp above that for september 2011, down from 55 friday.

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