biased expectations theory
Definition
Belief that forward foreign exchange rates for deliver at some date in the future will be equal to the spot rates for that particular date, as long as there is no risk premium. unbiased predictor. Also called unbiased expectations hypothesis, unbiased predictor.
Recommended Articles from InvestorGuide.com
Related Videos
Featured Advertiser
Nearby Terms
- BGN
- BHD
- Bhutan Ngultrum
- bias
- bias ratio
- biased expectati...
- bid
- bid away
- bid basis
- bid bond
- bid market
