Answer: Surprise changes in interest rates inflation and trade
A short -term interest rate (STIR) future is a futures contract that derives its value from the interest rate at maturation. Common short -term interest rate futures are Eurodollar Euribor Euroyen Short Sterling and Euroswiss which are calculated on LIBOR at settlement with the exception of Euribor which is based on Euribor.
The European Monetary System (EMS) was a multilateral adjustable exchange rate agreement in which most of the nations of the European Economic Community (EEC) linked their currencies to prevent large fluctuations in relative value . It was initiated in 1979 under then President of the European Commission Roy Jenkins [citation needed] as an agreement among the Member States of the EEC to foster …
Exchange rate – Wikipedia
Exchange rate – Wikipedia
Market risk – Wikipedia
Market risk – Wikipedia
In finance an exchange rate is the …