Hi,
Does anybody here know what this term of DNT stands for?
strangely i read it today in such a sentance:
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Eur/usd - 1.2588 ... Offers are noted at 1.2600/10 but stops (by short-term specs) are reported abv 1.2615/20. However, more selling interest is seen at 1.2640/50 with large size stops (by model funds) only emerging abv 1.2670/75. On the downside, demand by Asian CBs n option players are still located at 1.2550 n fm 1.2530 to 1.2500 (for protection of a large size 1.25-1.30 DNT).
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thanks in advance for your kind instruction.
Does anybody here know what this term of DNT stands for?
strangely i read it today in such a sentance:
---------------
Eur/usd - 1.2588 ... Offers are noted at 1.2600/10 but stops (by short-term specs) are reported abv 1.2615/20. However, more selling interest is seen at 1.2640/50 with large size stops (by model funds) only emerging abv 1.2670/75. On the downside, demand by Asian CBs n option players are still located at 1.2550 n fm 1.2530 to 1.2500 (for protection of a large size 1.25-1.30 DNT).
---------------
thanks in advance for your kind instruction.