FX Forward Points
Forward FX is commonly quoted as points added to or subtracted from the spot quotation rather than as an outright rate.
Market use
Points reflect interest-rate differentials and market conditions under the relevant quotation convention.
What it means
Forward FX is commonly quoted as points added to or subtracted from the spot quotation rather than as an outright rate.
Example
Convert points using the pair's decimal convention before combining with spot.
How to interpret it
This concept should be read together with its market convention, measurement horizon and underlying instrument. BondStats presents it as an analytical reference rather than investment advice; instrument documentation and primary market rules remain authoritative.
Related Conventions
BondStats reference content is independently written. Mathematical relationships, abbreviations and market conventions are presented for educational and analytical use.