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Look at the Currency Futures sheet from WSJ on February 5, 2015). Your focus is to look at the 5th column titled Settle: here is
Look at the Currency Futures sheet from WSJ on February 5, 2015). Your focus is to look at the 5th column titled "Settle": here is an example on euro: Euro (CME) - 125,000 (per contract), $ per ($ ). Assuming you believe the June 2015 spot price will be $1.3177 per euro. What speculative position would you enter into to attempt to profit from your beliefs? Calculate your anticipated profits, assuming you take a position in one contract (1 contract size is 125,000 units)
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