Convert Forex Spot Rates to Forex Futures Equivalents and Back
The Global-View forex currency calculator is a simple and precise tool for converting forex spot rates into their equivalent forex futures value. The forex calculator also works back from forex futures to their equivalent forex spot rate.
Forex Currency-Currency Futures Trading
The standard quotations for forex currency trading are determined by the interbank forex spot rate. Thus those involved in currency futures trading often are looking for a forex rate calculator when they do their analysis.
Forex Futures- IMM Swaps
Fx futures are in some cases quoted in different tems from than the forex spot market, and even when quoted the same way, an adjustment must be made for the time value of money. This foreign currency adjustment is called the swap. It changes daily and is updated by the pros at GVI (see below for the spot/futures calculator and latest swaps prices).
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