07 Aug HOW TO GET FX CROSS RATES – TRIANGULATION VS DIRECT FROM SOURCE
What is a Cross Rate? Let’s assume USD is your main currency, and you get FX rates for USD with other currencies, e.g. USD>EUR, USD>CAD, USD>AUD Cross Rates are defined as FX rates which don’t include USD, e.g. EUR>CAD, AUD>EUR, CAD>AUD How are Cross Rates obtained? If your rates...