Question
Textbook question 84 Spot 3-month forward swap USD/SGD 1.2340/45 29/32 USD/CAD 0.9720/40 46/59 GBP/USD 1.6490/00 268/265 Based on the prices above, what are the two-way
Textbook question 84
| Spot | 3-month forward swap | |||||
| USD/SGD | 1.2340/45 | 29/32 | ||||
| USD/CAD | 0.9720/40 | 46/59 | ||||
| GBP/USD | 1.6490/00 | 268/265 | ||||
| Based on the prices above, what are the two-way prices for: | ||||||
| a. CAD/SGD spot? Which side does the customer buy SGD? | ||||||
| b. GBP/CAD spot? Which side does the customer sell GBP? | ||||||
| c. USD/CAD 3 months forward outright? | ||||||
| d. GBP/USD 3 moths forward ouright? | ||||||
| e. GBP/CAD 3 months forward outright? Which currency has higher interest rates? | ||||||
| f. CAD/SGD 3 months forward outright? Which currency has higher interest rates? | ||||||
| g. CAD/SGD 3 months forward swap? | ||||||
Please explain clearly as I am a beginner. Thank you.
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