Cross-Currency Transaction

Filed Under » , ,
Dictionary Says

Definition of 'Cross-Currency Transaction'

A cross-currency transaction is one which involves the simultaneous buying and selling of two or more currencies. An example is the purchase of Canadian dollars with yen and the simultaneous sale of yen for U.S. dollars. The term is also used generically for any transaction that involves more than one currency, such as a currency swap.
Investopedia Says

Investopedia explains 'Cross-Currency Transaction'

Cross currency transactions are most common for multinational corporations or international bond funds that manage or hedge their currency exposure. Sometimes all the transactions are effected in one country without the use of that country's currency, which is referred to as a currency cross.
Search results for

'Cross-Currency Transaction'

  • A Primer On Cross Currency Triangulation

    http://www.investopedia.com/articles/forex/09/currency-cross-triangulation.asp
    ... brokers, including retail currency brokers, are including cross currency pairs in ...
    Transaction, translation and economic risks can affect a company's balance ...

  • The Foreign Exchange Interbank Market

    http://www.investopedia.com/articles/forex/06/interbank.asp
    ... Cross currency pairs are generally not quoted on either platform, but are calculated
    based ... The two-currency-pair transaction is the reason why the spread for ...

  • Range Trade Forex With Non-US Dollar Pairs

    http://www.investopedia.com/articles/forex/10/range-trade-without-usd.asp
    ... Cross-currency countries that are highly interlinked will likely decrease volatility ...
    Transaction, translation and economic risks can affect a company's balance ...

  • Forex Tutorial: Reading a Forex Quote and Understanding the Jargon ...

    http://www.investopedia.com/university/forexmarket/forex2.asp
    ... (For more on cross currency, see Make The ... Whichever currency is quoted first (the
    base currency) is always the one in which the transaction is being conducted. ...

  • Introducing The Bearish Diamond Formation

    http://www.investopedia.com/articles/forex/05/DiamondBear.asp
    ... example of a diamond top formation using the EUR/JPY cross-currency pair. ... Transaction,
    translation and economic risks can affect a company's balance sheet. ...

  • Currency Swap Basics

    http://www.investopedia.com/articles/forex/11/introduction-currency-swaps.asp
    ... For simplicity, the aforementioned example excludes the role of a swap dealer, which
    serves as the intermediary for the currency swap transaction. ...

  • Profiting From Carry Trade Candidates

    http://www.investopedia.com/articles/forex/07/carry_currency.asp
    ... the price will appreciate in order to make further gains on the transaction. ... in Carry
    Candidates Similar setups are seen in the cross currency pairs, giving ...

  • Make The Currency Cross Your Boss

    http://www.investopedia.com/articles/forex/05/CurrencyCross.asp
    ... Related Articles. Corporate Currency Risks Explained. Transaction, translation and
    economic risks can affect a company's balance sheet. Read More ยป; ...

  • Make Sharp Trades Using Andrew's Pitchfork

    http://www.investopedia.com/articles/forex/05/AndrewsPitchfork.asp
    ... Figure 3 - Another great setup in the EUR/CAD cross currency: we see a prime ... Transaction,
    translation and economic risks can affect a company's balance sheet. ...

  • Forex Currencies: Conclusion | Investopedia

    http://www.investopedia.com/university/forex-currencies/currencies11.asp
    ... Each transaction in the currency market involves two different trades: the sale
    of ... above-average returns by studying and researching cross currency pairs makes ...

Related Articles

Trading Center
Partner Links