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currency futures

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Currency Futures
A transferable futures contract that specifies the price at which a specified currency can be bought or sold at a future date.

Notes:
Currency future contracts allow investors to hedge against foreign exchange risk. Since these contracts are marked-to-market daily, investors can--by closing out their position--exit from their obligation to buy or sell the currency prior to the contract's delivery date.

currency futures
A contract for the future delivery of a specified amount of a major currency. Currency futures were developed in response to the substantial volatility of currency trading rates that occurred following the 1971 shift from fixed to flexible currency exchange rates.
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Net speculative positions in currency futures on the International Monetary Market (IMM), as well as flow survey data, suggested that investors maintained a relatively small net long position in euros and a substantial net short position in yen.
Treasury and Federal Reserve Foreign Exchange Operations by Faulkner, Ryan / Federal Reserve Bulletin
for $300 million Monday, saying it duped them into placing risky bets on commodities and currency futures.
INVESTORS SUE DEAN WITTER OVER LIMITED PARTNERSHIPS by Daily News (Los Angeles, CA)
Taxable income from certain hedging instruments - specifically, currency futures and options traded on U.
Turbulent currency markets affect retailers by Abahoonie, Edward J. / The Tax Adviser
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