We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

Using tools like forwards and options, currency-neutral funds hedge foreign-exchange risks. Investing in currency-neutral funds can protect against losses from unfavorable exchange-rate shifts.

The recent announcement of a 90-day pause on tariffs by President Trump, excluding China, has led to slight fluctuations in the peso-dollar exchange rate. Currency exchange shops in San Ysidro are ...