The EURUSD spot exchange rate specifies how much 1 currency, the EUR, is currently worth regarding one other, the USD. Although the EURUSD spot exchange rate is quoted and exchanged in the same working day, the EURUSD forward rate is quoted today but for shipping and delivery and payment https://financefeeds.com/uk-is-3-months-away-from-transition-away-from-us-dollar-libor/