Cross rates

Cross rates

The exchange rate between two currencies expressed as the ratio of two foreign exchange rates that are both expressed in terms of a third currency. Foreign exchange rate between two currencies other than the US dollar, the currency in which most exchanges are usually quoted.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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The AUD-JPY cross has seen the biggest magnitude of movement out of the main dollar pairings and associated cross rates today, showing a 0.3% gain on the day at prevailing levels, having been showing a decline of nearly 0.5% at the lows.
Pavan, who has 25 years of fixed income product experience, has most recently served as a managing director in Cross Rates Sales at Deutsche Bank (NYSE: DB) (DBK.DE), covering GSEs and bank portfolios for both rates and mortgages.
The Luca Cumani-trained Norway Cross rates the best bet of the afternoon at Windsor.
Binocular and Hurricane Fly make no appeal, so Peddlers Cross rates the biggest threat.
Cross rates calculated by Reuters show one euro worth 79.4 pence in six months time and 78 pence in a year.
It really needs to be addressed in the broader context of cross rates among the major trading currencies, as I'm sure you agree.
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.
Elsewhere, the other main dollar pairings and cross rates have been plying narrow ranges, with EUR-USD holding steady near 1.1150, for instance.
The cross rates should not be inflated in such a way that would reflect a higher embedded USD/EGP rate.'
Implicit cross rates from the poll showed the euro at 62.1p in one month, 63.2 in three months, 64.6 in six month and 66.6 a year out.