Forex & Currencies
Calc
Carry Trade Return
Total return from borrowing in a low-rate currency and investing in a high-rate currency.
Forex & Currencies
Calc
FX Cross Rate
A currency exchange rate derived indirectly via a common third currency (usually USD).
Forex & Currencies
Calc
Interest Rate Parity
The no-arbitrage forward exchange rate implied by the interest rate differential between two countries.