by junjie li, investmacro.com
Fed Funds End of Day: February 08 2019
The Fed Funds Futures finished the North American session today with a rise of 0.03 percent and closed the day around the 97.9 price level, according to unofficial data at the New York close. The FF Futures opened at 97.9 with the high of the day being 97.9 and the low of the day at 97.9.
The Relative Strength Index, an indicator that can indicate overbought (above 80) and oversold levels (below 20), shows that the current RSI score is at 67.3 for a Bullish reading on the daily time-frame.
Fed Funds Trends:
The Fed Funds Futures has recorded an increase by 0.33 percent over the past 10 days while seeing a rise of 0.30 over the past 30 days. The 90-day change is 0.28 while the 180-day return and the 365-day return are 0.20 and -0.96, respectively.