Financial Insights That Matter The euro short-term rate (€STR) is published on each TARGET2 business day based on transactions conducted and settled on the previous TARGET2 business day. The ECB published the €STR for the first time on 2 October 2019, reflecting trading activity on 1 October 2019. The ECB does not charge for the […]
Financial Insights That Matter ADVERTISEMENT The ECB cut interest rates for the seventh time in a year on Thursday, as analysts had anticipated. The interest rates on the deposit facility, the main refinancing operations and the marginal lending facility will be decreased to 2.25%, 2.40% and 2.65% respectively, with effect from 23 April 2025. The […]
Financial Insights That Matter (Bloomberg) — The euro’s best three-day rally since 2015 is encouraging traders to bet the currency will rise 10% further in coming months. Most Read from Bloomberg Hedge funds are buying options betting that the currency could reach as high as $1.20 in six to nine months, according to FX traders […]
Financial Insights That Matter (Bloomberg) — Traders are ramping up bets for a deeper divergence between European and US interest rates, setting the euro on a clear path for further weakness. Most Read from Bloomberg The currency fell to to its lowest in nearly two weeks as soft inflation readings from Germany and France strengthened […]
Financial Insights That Matter BERLIN — Here’s a stat for you: Of the 24 teams competing at Euro 2024, just one, Spain, won all three group games. And here’s another: Not a single team lost all three. There’s a level of parity and possibility at work here that makes major tournaments such as Euro 2024 […]
Financial Insights That Matter Jude Bellingham, Trent Alexander-Arnold and the rest of England play the Netherlands in the Euro 2024 semifinals this week. (AP Photo/Darko Vojinovic) The UEFA Euro 2024 tournament moves onto the semifinals this week. Europe’s prestigious international soccer tournament is down to just three teams: Spain, England and the Netherlands. Today, the […]
Financial Insights That Matter Ollie Watkins, Marc Guehi and England will face Spain in the Euro 2024 Final. (AP Photo/Frank Augstein) After 50 matches, the UEFA Euro 2024 tournament comes to a close this weekend with the Euro Final, where England and Spain will face off on the field. Spain has won every one of […]
Financial Insights That Matter Spain’s Mikel Oyarzabal, center, scores his side’s second goal during the final match between Spain and England at the Euro 2024 soccer tournament in Berlin, Germany, Sunday, July 14, 2024. (AP Photo/Manu Fernandez) Spain beat England 2-1 in a dramatic Euro 2024 final on Sunday, standing up to the tournament’s comeback […]
Financial Insights That Matter Dec 12, 2023, 08:17 AM and Former Juventus and Italy defender Giorgio Chiellini retired from professional football on Tuesday, calling time on a career which began in 2000. Chiellini’s final game came in Saturday’s MLS Cup final, where his LAFC team were beaten 2-1 by Columbus Crew. – Stream on ESPN+: […]
Financial Insights That Matter Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times. The last instance was in 2022, after Russia’s full-scale invasion of Ukraine sparked an energy crisis in Europe and provoked fears of a recession, plunging the currency […]