Question
pls explain with workings why is the answer -1874 basis points thanks Spot exchange rate (AUD/USD) 1.7624/1.7864 Six- month expected spot rate (AUD/USD) 1.4880/1.5120; Australian
pls explain with workings why is the answer -1874 basis points thanks
Spot exchange rate (AUD/USD) 1.7624/1.7864
Six- month expected spot rate (AUD/USD) 1.4880/1.5120;
Australian six-month interest rate 4.55/5.05% pa
US six-month interest rate 1.18/1.68% pa
Calculate the precise outward uncovered margin from an Australian perspective.
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Technical Analysis The Complete Resource For Financial Market Technicians
Authors: Charles Kirkpatrick, Julie Dahlquist
3rd Edition
0134137043, 978-0134137049
