Foreign exchange rates in the wall street journal

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In looking at the foreign exchange rates in the Wall Street Journal you notice the dollar-euro spot rate is 1.085€/$ and the six-month forward rate is 1.098€/$. Does this imply that the US dollar is expected to appreciate or depreciate?

Reference no: EM13994678

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Foreign exchange rates in the wall street journal : In looking at the foreign exchange rates in the Wall Street Journal you notice the dollar-euro spot rate is 1.085€/$ and the six-month forward rate is 1.098€/$. Does this imply that the US dollar is expected to appreciate or depreciate?

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