As of 6:12 pm EST, the NADEX offered the following binary options contracts for the EUR/USD expiring this Friday (23 May 2025) at 3 pm:
Contract closing above 1.1225. Buy at $4.10
Contract closing above 1.1175. Buy at $5.00
Contract closing above 1.1125. Buy at $7.70
Contract closing above 1.1075. Buy at $9.10
Contract closing above 1.1025. Buy at $9.80
I calculated a forward price for EUR/USD for this Friday at $1.1183.
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The European Central Bank short term rate is at 2.172% while the Board of Governors-Federal Reserve System reports a 4-week rate of 4.23%.
It is Sunday evening here in the United States, so I have nothing to report yet on the legal or regulatory front.
Meanwhile, Reuters reports that policy makers see a bottoming out of interest rates “but uncertainty was high and the environment was prone to sudden changes that could also alter the policy outlook …”.
Alton Drew
18 May 2025
Disclaimer: The above post is not offered as trade advice. If you need a legal or regulatory analysis of events discussed in the post, contact me at altondrew@altondrew.com to make an appointment.
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Alton Drew
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