Hello!
Does anyone know where I can find out an explanation to the Forex forward rates?
ESignal has quotes of Forex forward rates using various codes...for instance, the Euro 6 month forward rate on Forex is EUR M6-FX; the Euro 2 Week forward rate is EUR W2-FX.
I want to know more about these rates. For instance, what is the period that is used (is the 6 month forward rate 180 days?), how are these calculated (using spot rate or Libor?)??
THanks....
Parker
Does anyone know where I can find out an explanation to the Forex forward rates?
ESignal has quotes of Forex forward rates using various codes...for instance, the Euro 6 month forward rate on Forex is EUR M6-FX; the Euro 2 Week forward rate is EUR W2-FX.
I want to know more about these rates. For instance, what is the period that is used (is the 6 month forward rate 180 days?), how are these calculated (using spot rate or Libor?)??
THanks....
Parker