Do you want to trade currencies other than the U.S. dollar? If so, you need to learn about currency crosses. These forex pairs do not involve the U.S. dollar as the base or the quote currency. This ...

What is a Cross Currency? A cross-currency refers to a currency pair or transaction that does not involve the U.S. dollar. A cross-currency transaction, for example, doesn't use the U.S. dollar as a ...

Markets have been volatile lately due to several underlying concerns. Still, one gathering headline is the blowup of the carry trade, where investors borrow in a cheap currency like the Yen and invest ...

LCH SwapAgent has processed its first CIBOR/SOFR cross-currency basis swap between two Nordic banks. The two counterparties to the trade were Nordea Bank and Danske Bank, brokered by ICAP. LCH ...

Policy changes could impact the historically cooperative relationship between the Federal Reserve and the European Central Bank (ECB). The CME EUR/USD Cross Currency Basis Index tracks the nearest ...