Cross-Currency VS FX

[MRoss]

With respect to labeling a deal or model as an asset class how would the class of CC differ from the class of FX?

 

[financeguy]

With respect to labeling a deal or model as an asset class how would the class of CC differ from the class of FX?

generally when someone says something about "cross currency", they are talking about a cross currency swap which is a rates product denominated in two currencies... so the answer you're looking for is that it would fall under the rates asset class rather than fx