When you convert 3.75 mil Euros into USD next month, are you “buying” or “selling” Euros? To lock the future exchange rate in this case, should you “long” or “short” Euro FX futures today? Explain.
The sample period for this project is from 10/25/2021 to 11/24/2021 . You will need to collect real-time financial data starting from 10/25/2021. On 10/25/2021, your company receives 3.75 million Euros for selling products in Germany. Currently, the EUR/USD exchange rate is 1.1613. So if you convert this 3.75 mil Euros to USD today, it […]