The Fed left interest rates on hold at its January meeting and signaled that it was in no hurry to cut rates further. U.S. money markets currently price in just under two 25 basis-point rate cuts this ...
The pound was little changed on Thursday as markets were focused on a raft of major central bank meetings that will culminate with the Bank of England next week. Sterling stood at $1.2441, after ...
Pricing for short- and long-dated European and American options to buy Pounds vs. U.S. dollars at a strike price of 1.2500 for quarterly maturities out to 20 years is shown below. Note that the data ...