EURODOLLARS AND COFFEE ARE LOOKING UP

摘要

Eurodollars: Eurodollar interest rate futures are a primary battlefront between short-sellers expecting higher U.S. rates and economic growth vs. the strong dollar/slow global growth camp. Currently, the commercial trader position is near its midpoint. However, the market itself has fallen 23 points from the all-time high reached this past October. This decline has brought the market down to serious support levels.