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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: RFH who wrote (21868)4/27/1999 8:50:00 PM
From: Patrick Slevin  Read Replies (2) of 44573
 
I just read your other post on another thread.

I understand why you have a problem. Answering it is quite another thing.

I have not read the WSJ in years. But I think there is a section that gives you currency exchanges.

Lets say, the Canadian Dollar may be exchanged at 0.70 US (I don't know what it is, let's say 70 cents)

So, except for fees, if you have 70 cents US you can buy a Canadian Dollar.

Now, if Canadian Dollar Futures are 0.77 cents you can buy a $C Futures Contract but it's .77 while you can buy the physical CDollar for .70

You there with me on this? The Cash is just the current rate of exchange and the Futures have the Time Premium built in.
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