Pricing for short- and long-dated European and American options to buy Euros versus U.S. dollars at a strike price of 1.09 for quarterly maturities out to 20 years is shown below. Note that the data ...

Discover how biased expectations theory impacts interest rates by incorporating investor preferences and risks, beyond just ...

Optimization of forward points (the difference between the spot and the forward rate for a currency pair) enables companies to take advantage of these differences, which are driven by the interaction ...

The FOMC voted to hold its federal funds rate target in the 5.25-5.5 percent range on Tuesday. FOMC members also revised their forward guidance for the future path of interest rates. Back in March, ...

Federal Reserve policy committee members need to see inflation fall further before they move to cut interest rates again, ...