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Fed starts 2 day FOMC meeting, Cattle prices drop

Discussion in 'Technical Analysis' started by FXStreet_Team, Oct 27, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Financials: Dec. Bonds are currently 4 higher at 158’05, 10 Yr. Notes 3 higher at 128’22 and 5 Yr. Notes 2 higher at 120’14.7. The Fed starts there 2 day FOMC meeting today. It is expected that the will not be a rate hike given the recent edition of 190 billion Euro’s to the ECB’s stimulus program and 6th rate cut in China. That being said I still feel there will be a rate hike sometime between Dec. and Mar. We remain spread long June 2016/short June 2017 Eurodollars which is currently at a 6

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