. Accordingly to Financial Times, in recent years, Russia and China have significantly reduce their reliance on the dollar in bilateral trade. The dollar was used for 90% of settlements between the two countries in 2015, now only 46 per cent. Meanwhile, the euro made up an all-time high of 30 per cent. Currency traders expect that the dollar is losing its privilege further while the euro will move in the opposite direction. To capitalize from this, should speculators use currency futures or options?