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Suppose that you buy 1 million worth of Euro currency futures contract. You buy the contract at a price of US$ 1 . 0 9

Suppose that you buy 1 million worth of Euro currency futures contract. You buy the contract at a price of US$1.093/Euro (i.e., you commit to pay 1,000,000\times 1.093= US$1,093,000 for 1 million euro when the contract matures). On the next day, the contract closes at US$1.110/Euro. What would be the payments to, or withdrawals from, your margin account for this contract?

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