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Cross Rate

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Cross Rate
In foreign exchange, the exchange rate of currencies being traded in a country that does not utilize either of those currencies. For example, a trader in Britain dealing in Mexican pesos and euros will trade them at the cross rate. Less frequently, the cross rate refers to any exchange rate that does not involve the U.S. dollar. See also: Cross currency.

cross rate
The rate at which two currencies exchange based on exchange rates using a third currency. For example, the cross rate of euros for yen might be based on the rate of euros for dollars and dollars for yen.


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The 200+pip rally confirms that the head-and-shoulders top formation will not play out as some have suggested, and we may see the cross rates for the British pound continue to push higher over the near-term as market participants speculate the Bank of England to raise the benchmark interest rate by at least 75bp in 2010.
Twenty-year-old Cross rates the Liverpool Competition very highly but the news from Old Trafford naturally took pride of place since it is a major step towards what he hopes will be a first-class career.
The Camden Group said in its report released in February that renegotiating the High Desert Medical Group and Kaiser contracts at Blue Cross rates could bring in additional net annual revenue of $8.
 
 
 
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