For investors weighing "futures vs forex", bond-yield sensitivity tends to shift equity futures more directly than currency rates, especially in policy repricing phases. A financial advisor can help you determine how spot trading and futures trading fit into your portfolio. Finding a financial advisor doesn't have to be hard. SmartAsset's free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you're ready to find an advisor who can help you achieve your financial goals, get started now . between the spot rate and the futures or forward rate is known as the “basis.” It is essentially the futures price minus the spot price of the currency pairing. The basis is driven by the same factors that affect the price of forwards in the interbank markets – the relationship between short-term interest rates associated with the term and base currency. (See sidebar for more on the difference between a futures and a forward.) Nasdaq futures rose sharply after chip sector earnings exceeded forecasts, while USD/JPY moved marginally. For "futures vs forex", sector-specific catalysts such as AI investment flows directly impact equity futures pricing, but forex reaction depends on broader capital flows between economies, causing different timing profiles in moves.