Pricing for short- and long-dated European and American options to buy Euros vs. U.S. dollars at a strike price of 1.0500 for quarterly maturities out to 20 years is shown below. Note that the data for US options is the lower bound on the fair value price.
Euro zone banks tightened firms' access to credit last quarter and expect further tightening in the first three months of 2025, a European Central Bank survey showed on Tuesday, reinforcing the case for more interest rate cuts as the economy slows.
Sterling was little changed versus the euro and the dollar and fell sharply against the yen as investors shifted their focus to economic data and central bank policy meetings later this week.
England were beaten finalists at Euro 2024 but their performances en route to the final copped plenty of criticism with Phil Foden admitting the tactics and positions didn't allow him to play his best
The ECB has reinforced its push for a digital euro in response to Trump’s executive order promoting US dollar-backed stablecoins.
Euro zone banks need a digital euro to respond to U.S. President Donald Trump's push to promote stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar, European Central Bank board member Piero Cipollone said on Friday.
The Greek one-euro coin can rightly claim that it has roots planted deep in history with a story longer than two millennia.
Many rural Italian towns are offering properties for the equivalent of $1 in an effort to revitalize their communities.
Scandi Alliance, the TV2 and TV4 commissioning initiative, has ordered Miso Film's historical miniseries 'Royal Blood' as its first commission.
Make the most of Singapore’s shopping mecca with a three-night escape from $1,299 per person to Vibe Hotel Singapore Orchard. This awesome deal includes an upgrade to a superior room (the rooms are uber chic), daily brekkie and a Go City Explorer Pass for two (don't sleep on the Night Safari)—plus 3pm late checkout and free entry to Bird Paradise.
Wednesday features the Fed – we watch for any messaging on liquidity management. Any spillovers from the Fed meeting to the eurozone may be muted as especially the front end of the swap curve has shown little correlation with US rates recently.