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When the price is the same in euros and dollars even though the exchange rate is wildly different, I call that a eurodollar and have done so for over a decade.
by ganzuul 5y ago
When the price is the same in euros and dollars even though the exchange rate is wildly different, I call that a eurodollar and have done so for over a decade.
IMO the use in the article isn't notable enough to scoop me.
- ericpauley 5y agoWould being a “fundamental building block of the financial market” [1] be enough? CME launched this futures market in 1981. [1] https://www.cmegroup.com/markets/interest-rates/stirs/eurodollar.html https://www.cmegroup.com/markets/interest-rates/stirs/eurodo...
- ganzuul 5y agoNo. Such things are irrelevant to people who are underpaid and live on rent. It's just a concern of an extremely privileged few who never care to interact with people like me. Perhaps the system is important. It can get by with a clunky name for how little use it sees. It's simply not part of my reality.