Trading foreign currencies without first converting one or the other into U.S. currency. In the past, anyone interested in trading foreign currency would first have to convert the currency into U.S. dollars before the money could be converted into the desired currency.
Related information about cross currency:
- Cross Currency Definition | Investopedia
A pair of currencies traded in forex that does not include the U.S. dollar. One foreign currency is traded for another without having to first exchange the currencies ...
- Cross currency swap - Wikipedia, the free encyclopedia
A cross currency swap, also referred to as cross currency interest rate swap, is an agreement between two parties to exchange interest payments and principals ...
- What is a Currency Cross Pair? | Currency Crosses | Learn Forex ...
A "currency cross pair", also known as "cross-currency pair" or simply as a "cross" , is a pair of currencies that doesn't involve the U.S. dollar. Back in the ancient ...
- Cross-Currency Table - MSN Money
View the latest currency exchange rates for major currencies -- the U.S. dollar, Canadian dollar, euro, British pound, Japanese yen and Swiss franc.
- Foreign Exchange Rates: Cross Rates Of World Currencies ...
Foreign exchange rates of major world currencies. Compare key cross rates and currency exchange rates of U.S. Dollars, Euros, British Pounds, and others.
- Foreign Exchange Rates & World Currencies - Bloomberg
Current exchange rates of major world currencies. Find updated foreign currency values, a currency converter and info for foreign currency trading.
- Currency Cross Rates | OANDA
Create a custom cross rate table to convert up to 20 currencies.
- The basic mechanics of FX swaps and cross-currency basis swaps
Sep 1, 2008 ... Information box on pages 73-86 in the BIS Quarterly Review, March 2008, by Naohiko Baba, Frank Packer and Teppei Nagano.