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Currency Future

   Also found in: Wikipedia 0.01 sec.
Currency future
A financial future contract for the delivery of a specified foreign currency.

Foreign Currency Future
A futures contract in which the underlying asset is a currency. Two parties agree to buy and sell a certain currency at a given exchange rate with respect to another currency at some point in the future. The market for currency futures contracts is important in estimating the future value of different currencies.


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The expansion of the region's currency markets is underlined by an 88 per cent growth in DGCX currency futures transactions, comprising euro/dollar, sterling/dollar, yen/dollar and Indian rupee/dollar futures, Day added.
The expansion of the region's currency markets is underlined by an 88% growth in DGCX currency futures transactions, comprising Euro/Dollar, Sterling/Dollar, Japanese Yen/Dollar and Indian Rupee/Dollar futures, Day added.
The expansion of the region's currency markets is underlined by an 88 per cent growth in DGCX currency futures transactions, comprising euro/dollar, sterling/dollar, Japanese yen/dollar and Indian rupee/dollar futures, Day added.
 
 
 
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