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Euribor - Liffe

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  • Euribor - Liffe

    With EUR/USD near 1.20 or higher BCE will be forced to decreese interest rate min. of 0.25%.
    For this reason I think the contract Jun.2004 has not correct prices.

    We will see.
    Attached Files

  • #2
    Sergio

    Your asssumption is correct if only the BCE would move in a proactive a sensed manner.

    In my opinion thar gone the " dumb" Dusenberg who was still scared by inflation in April while we were in declared deflation, for trichet is too early in charge - IMHO- to take such a decision.

    Euribor , EONIA do reflect this - as usually - situation tipical of that burocratic, scared, short sighten monetary absurdity that is BCE.

    It is due - no matter about it- but IMHO no very soon.

    Macro wise there is still desire and room for USD to go down . Same in tye short for Euro to go up.

    If the Market will finally reach 1000 and low er, we will likely see EURO over 21
    Fabrizio L. Jorio Fili

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    • #3
      You have reason Fabrizio,

      but I think next year FED-BCE - BOJ will not change a their monetary politics, because there will not be inflaction (there are many competitivenes in the world) and the output-gap is not yet closed (maybe at the end of 2004 it will arrive around of 81% in USA)

      This charts say to us "short", we will see.
      Attached Files
      Last edited by SERGIO.M; 12-30-2003, 04:44 AM.

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