Cross Rate
Definition
An exchange rate between two currencies derived from their respective rates against a third currency (usually USD).
Example
EUR/GBP cross rate is calculated from EUR/USD and GBP/USD.
Related Terms
Frequently Asked Question
What is a Cross Rate in forex?
A Cross Rate is an exchange rate between two currencies derived from their respective rates against a common third currency, typically the US dollar. EUR/GBP is a cross rate calculated from EUR/USD and GBP/USD.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.