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

Ready for More?

Join NinjaTrader’s daily livestream events as we prepare, analyze and trade the futures markets in real-time. View Upcoming Events

Get Started with NinjaTrader

NinjaTrader supports more than 500,000 traders worldwide with a powerful and user-friendly trading platform, discount futures brokerage and world-class support. NinjaTrader is always free to use for advanced charting & strategy backtesting through an immersive trading simulator.

Download NinjaTrader’s award-winning trading platform and get started with a free trading demo with real-time market data today!



Source link

Related articles

Case Research: How JCPenney Scaled its B2B Resale Program

Managing returned stock throughout a number of areas isn't...

Astronomers Discovered the First Ambiance on a Planet in One other Star’s Liveable Zone

The seek for life past Earth has borne little fruit. That continues to be true, however scientists have some renewed hope. For the primary time, astronomers found an environment surrounding an exoplanet inside...

Friday File: Two Healthcare Buys

Inflation softened a bit in June, in the course of the “peace is breaking out” lull within the struggle, so these CPI numbers got here in as considerably encouraging this week… and the...

Alpha Futures Splits from NinjaTrader; Plus500 Shares Tumble

The week was marked by rising scrutiny of the retail prop buying and selling {industry} after a business dispute between a platform supplier and one of its shoppers sparked broader debate about infrastructure dependence and operational...

Galaxy Z Fold 8 reveals up on video as BTS joins Samsung’s hype prepare

TL;DR A member of the favored boy band group BTS just lately shared a video teasing one among Samsung’s upcoming foldables. The foldable in query seems to be the Galaxy Z Fold 8. The Galaxy Z...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com