Is the price of futures the excellent estimation
Is the price of futures the excellent estimate of €/$ exchange rate?
Expert
No the price of futures is not the excellent estimate of €/$ exchange rate. The price of financial futures arrives from arbitrage and this has nothing to do along with expectations.
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For an enhanced understanding of banking industry, it is significant to look at the atmosphere in which commercial banks operate. Production growth and globalization are two main forces reshaping the banking industry nowadays. The following two questions are associate
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