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currency futures

This topic has 1 reply, 2 voices, and was last updated 3 years ago by John Moffat.

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October 25, 2021 at 10:46 pm #639103
nk16
Participant
- Topics: 71
- Replies: 39
Hello sir..
Am still confused on how to we choose if we want to sell future or buy future contract (foreign currency hedging)
..
Plz explain…
I have watched all ur lecture …
Plz guide me on this as am really confused…
October 26, 2021 at 8:50 am #639121
John Moffat
Keymaster
- Topics: 57
- Replies: 54518
It depends on what current the contract size is quoted in.
If the contract size is quoted in $’s, then if the underlying transaction involves buying $’s then we will buy $ futures. If the underlying transaction involves selling $’s then we will sell $ futures.
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