The correlation, of course, broke down violently beginning in August 2007 (though it began to fall apart earlier in late 2006, once, appropriately, eurodollar futures signaled its likely end).

Eurodollar futures are ceasing to exist as part of the long, well-telegraphed transition away from derivatives tied to the London interbank offered rate. Here’s why the once- dominant ...

The eurodollar continues to be the undisputed global standard despite the fact it doesn’t work at nearly the same capacity it had before August 9, 2007.

That means that eurodollar futures and options — for decades the bread and butter of those wagering on Federal Reserve decisions or hedging moves in short-term interest rates — will soon be gone.

A rush to borrow abroad seemed perfectly predictable after President Johnson, in his New Year's Day package of balance of payments restrictions, prohibited U.S. companies from sending dollars ...

Odd Lots has been exploring the history of the eurodollar market in a special three-part series hosted by Columbia Law School's Lev Menand and the New York Fed's Josh Younger.

Eurodollar futures contracts trade on the International Currency Exchange (ICE) from Sunday to Friday, 7:45 p.m. to 5 p.m. EST. A pre market opens at 7:30 p.m. EST from Sunday to Friday.

There is a historical parallel with the formation of the "eurodollar" market in the 1960s, which emerged due to a lack of regulatory clarity surrounding offshore-held U.S. dollars in international ...

Eurodollar futures, which reflect the outlook for U.S. interest rates over the next few years, have started to price in an incremental easing of monetary policy by the Federal Reserve in 2024. If ...

The eurodollar futures market, which tracks short-term funding rate expectations over several years, is signaling funding stress by year-end for banks and corporations that could trigger ...

The more liquid eurodollar futures market also indicated a 90% probability of a Fed rate increase of 25 basis points in December 2022, while fully pricing in Fed tightening by March 2023.