What Does the Eurodollar Parity Mean for Futures Markets?


Eurodollar futures are widely considered a benchmark of the global financial market and are a preferred tool of futures traders speculating in currencies. Recently, the euro reached parity with the dollar falling to its lowest level in nearly 20 years. What does this all mean? How will this effect the markets?

Watch NinjaTrader’s Tom Schneider and special guest Anthony Crudele on a recent episode of “Benefits of Futures” as they examine the current parity, which eurodollar futures product to trade and the associated impact on the forex futures markets.

Topics discussed include:

  • The eurodollar parity: what does that mean?
  • Review CME Group’s Eurodollar and Micro Euro Dollar product specs
  • Technical analysis of the Eurodollar futures charts using Bollinger Bands & VWAP technical indicators
  • What to look for when trading the euro

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