1.) Assume todays settlement price on a CME AUD futures contract is $0.8410/AUD. Contract size is AUD100,000 You decide to BUY one contract. At the close of the next business day, if the new settlement price for that contract is $0.8500, what is your dollar profit or loss? You need to find how much AUD per futures contract and this information is in text book.

2.) Assume todays settlement price on a CME EUR futures contract is $1.3140/EUR. Contract size is: EUR125,000 You decide to SELL (SHORT) one contract. At the close of the expiration date, if the EUR price is $1.3126, what is your dollar profit or loss?