expectations theory of forward rates

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• Expectations theory of forward exchange rates — A theory of foreign exchange rates that holds that the expected future spot foreign exchange rate t periods in the future equals the current t period forward exchange rate. The New York Times Financial Glossary …   Financial and business terms

• expectations theory of forward exchange rates — A theory of foreign exchange rates that states that the expected future spot foreign exchange rate t periods from now equals the current t period forward exchange rate. Bloomberg Financial Dictionary …   Financial and business terms

• Pure expectations theory — A theory that asserts that the forward rates exclusively represent the expected future rates. In other words, the entire term structure reflects the markets expectations of future short term rates. For example, an increasing sloping term… …   Financial and business terms

• pure expectations theory — A theory that asserts that forward rates exclusively represent the expected future rates. In other words, the entire term structure reflects the market s expectations of future short term rates. For example, an increasing slope to the term… …   Financial and business terms

• Expectations hypothesis theories — Theories of the term structure of interest rates which include the pure expectations theory, the liquidity theory of the term structure, and the preferred habitat theory. These theories hold that each forward rate equals the expected future… …   Financial and business terms

• expectations hypothesis theories — Theories of the term structure of interest rates, which include the pure expectations theory; the liquidity theory of the term structure, and the preferred habitat theory. These theories hold that each forward rate equals the expected future… …   Financial and business terms

• expectations hypothesis — The theory that the shape of yield curves is determined by investors collective expectations of future interest rates. See implied forward rates. Also see liquidity preference for a modification of this interest rate theory. American Banker… …   Financial and business terms

• Forward contract — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

• unbiased expectations hypothesis — Theory that forward exchange rates are unbiased predictors of future spot rates . See forward parity. Bloomberg Financial Dictionary …   Financial and business terms

• Liquidity theory of the term structure — A biased expectations theory that asserts that the implied forward rates will not be a pure estimate of the market s expectations of future interest rates because they embody a liquidity premium. The New York Times Financial Glossary …   Financial and business terms

• liquidity theory of the term structure — A biased expectations theory that asserts that the implied forward rates will not be a pure estimate of the market s expectations of future interest rates because they embody a liquidity premium. Bloomberg Financial Dictionary …   Financial and business terms