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please solve this questions then i will like your answer Suppose that you're trying to make capital gain by trading currency futures contracts given by

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please solve this questions then i will like your answer

Suppose that you're trying to make capital gain by trading currency futures contracts given by the following table: Euro Futures, U.S. \$/ (CME), 125,000 3. Suppose that you expect the euro to appreciate versus the dollar. Do you take long or short in futures on the euro? Explain why. 4. Today is October 15,2018 . You decide to buy a December futures on the euro believing that the spot exchange rate at maturity is 1.1490$/. What is the value of this position at maturity? 5. The euro rises in value up to 1.20$/ on November, 15 . How much do you expect to earn more from this contract by selling it before the maturity

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