Using the GP screen, examine the historical prices of the currency futures contract you selected in Exercise 3. Select a time period that the contract was active.
a. Select a period in which you would have taken a long position and calculate the profit from opening and closing at the futures prices at the beginning and ending dates for your selected period. Calculate the losses if you had taken a short position.
b. Select a period in which you would have taken a short position and calculate the profits from opening and closing at the futures prices at the beginning and ending dates for your selected period. Calculate the losses if you had taken a long position.
c. Using the annotation bar, apply the "\% Change" tool to calculate the percentage change for your select periods, and then click the "News" icon on the annotation bar to find relevant news events on or preceding the opening date.
d. Examine the spot exchange rate for the period that your futures contract was active. The ticker for the index can be found on SECF. Use the Chart screen (Chart ) to create multigraphs for the prices on the futures contract and the spot exchange rate. On the Chart Menu screen, select Standard G chart; once you have loaded your securities, go to "Edit" to put your graphs in separate panels.

Exercise 3.

Access Bloomberg information for a CME-listed currency futures contract: Type CTM to bring up the "Contract Table Menu," click "Categories" and "Currencies," search for CME currency futures on the Menu (type CME in the amber Exchange box), find the CME currency of interest and bring up the contract's menu screen (Ticker ; e.g., BPA for British pound futures), and then use the Expiration screen (EXS) to find the ticker for the contract with the expiration month you want to analyze (Ticker ; e.g., BPH7 for the March 2017 contract). View screens to examine: DES and GP.