CONTRACT UNIT $100 times the Bloomberg Commodity Index
PRICE QUOTATION Index points
TRADING HOURS CME Globex: MON-FRI 8:15am-1:30pm
CME ClearPort: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
MINIMUM PRICE FLUCTUATION .10 Index point ($10.00 per contract)
BTIC: 0.01 index...
The positive correlation between EURUSD and commodity index (negative with dollar index ) can not be refuted. And as you see, often times Commodity index leads EURUSD. A lag of 1-2 days can be observed at extremums. Why so? Euro and gbp comprise 69.5 percent of Dollar index against which all commodities are measured (gold , silver , crude oil , copper etc). Any...