(So have their teachers.) Even the Founding Fathers of our country indulged in gripe sessions. In fact, a list of grievances comprises the longest section of the Declaration of Independence; however, the source of the document's power is its firm philosophic foundation.
Not to be confused with forward rate or forward price. The forward exchange rate (also referred to as forward rate or forward price) is the exchange rate at which a bank agrees to exchange one currency for another at a future date when it enters into a forward contract with an investor.orward exchange rates have important theoretical implications for forecasting future spot exchange rates. Financial economists have put forth a hypothesis that the forward rate accurately predicts the future spot rate, for which empirical evidence is mixed.
âSpot Priceâ, the COMEX and Other Futures Market Exchanges What is the Relationship between Spot Price and Future Price? Futures exchanges are where the âspotâ prices for the precious metals are set. For gold and silver investors, the spot price is the one most commonly used. It is the price you see on CNBC, in the newspaper. Technically âspotâ refers to the price at which a futures contract for nearest active delivery month was most recently traded.