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foreign currency future

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foreign currency future
A contract for the delivery of a specified amount of a foreign currency. A U.S. business selling products in Germany may decide to sell futures contracts on the euro in order to guarantee an exchange rate of the euro to dollars on a specific date.
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Those who are solicited should consider whether they could stand to lose most or all of their funds very quickly trading foreign currency futures or contracts.
San Francisco Foreign Currency Firms and Three Account Executives to ... by Business Wire
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