Eurodollar Future – March 2010

Nicole Elliott from Mizuho Corporate Bank at 12/04/09

Comment: Very mild year-end jitters see this contract consolidating under its record high of 99.680. We see this as consolidation prior to another small rally towards 99.750.

Strategy: Attempt small longs at 99.590; stop below 99.500. Upside target 99.680/99.725.