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Forward Parity

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Forward parity
Notion that the forward rate is an unbiased predictor of future spot exchange rates.

Forward Parity
In currency trading, a theory stating that the forward exchange rate for a currency is an unbiased predictor of the future spot rate. That is, all other things being equal, forward parity states that exchange rate trades for some future dates will accurately predict what the exchange rate will be on that date in the future. See also: Forward discount.


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It was by no means all doom-and gloom for the Falcons last night despite the result, as an even first half contest saw a mix-and-match Newcastle side achieve forward parity against one of the top teams in Europe.
They fly out to the Isle of Man to take on Vagabonds and will need to gain forward parity if they are to prevail.
Forward parity is the key to victory over London Irish at Kingston Park tonight, according to Newcastle Falcons scrum-half James Grindal.
 
 
 
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