Recent content by Lyapunov

Thanks much. Very helpful.

Sorry for the terminology confusion. I used the term "FRA" (inaccurately?) in reference to the forward rate that is specified in a contract to exchange a currency in the future. Yes, this is what I am referring to. When X currency/USD FRAs decline, does it always imply spot weakness? I...

I mean forward curve inversion, e.g. O/N to 1Y.

When <local currency>/USD FRAs decline, does this always imply USD weakness w.r.t. the cross? A little clarification would be appreciated.

A few days ago, the SKOR government announced that they will sell their equity stake in Woori Financial. Should this be taken as a sign of strength in the institution and positive for the share price? Or negative for the share price as supply hits the market?