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.
Banks in the euro area tightened credit standards for companies by the most since 2023, according to the European Central Bank — dashing hopes for a quick recovery in corporate lending that could support investment.
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.
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 business began the new year with a modest return to growth as stable services activity in January was complemented by an easing of the long-running downturn in manufacturing, a survey showed.
The Greek one-euro coin can rightly claim that it has roots planted deep in history with a story longer than two millennia.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Scandi Alliance, the TV2 and TV4 commissioning initiative, has ordered Miso Film's historical miniseries 'Royal Blood' as its first commission.
NASCAR Euro Series has announced the introduction of a major new initiative called the Rookie Challenge, set to begin in the upcoming 2025 season. This new competition format is designed to replace the previous Club Challenge, with a focus on speed and consistency through time-attack-based events.
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.