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Assume that as of Oct 15, a futures contract specifying 125,000 Euro and a December...

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Finance

Assume that as of Oct 15, a futures contract specifying 125,000 Euro and a December settlement date is priced at $1.16 per Euro. In Oct, Speculators expect the Euro will appreciate. What can speculators do?

Buy futures contracts on Euro or Sell futures contract on EURO

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