Forward value dates of FX cross pairs?

Discussion in 'Forex' started by mizhael, Jul 22, 2010.

  1. mizhael

    mizhael

    if I have the value date of 1WEEK forward of EURUSD,
    and have the value date of 1WEEK forward of CADUSD
    I want to form a cross EURCAD
    what's the value date of that 1WEEK forward on EURCAD?
    the biggest of the two value dates I have on hand?
     
    #1     Jul 22, 2010
    Share
  2. Chelsea_FC

    Chelsea_FC

    You need to buy EUR/USD and sell USD/CAD, ie pay offer on Euro, bid on dollar-cad so to form cross:

    EUR/CAD:

    Bid = (Offer EUR/USD) * (Bid USD/CAD)
    Offer = (Bid EUR/USD) * (Offer USD/CAD)
     
    #2     Jul 22, 2010
    Share
  3. mizhael

    mizhael

    But I am asking about dates, not rates...
     
    #3     Jul 22, 2010
    Share