Euros
Hypothetically the US has signed a contract to sell 100,000 widgets to a company in Germany at 5 euro per widget. Payment is due six months from now. You expect the Euro to appreciate from the current $1/.85 euro within…
Hypothetically the US has signed a contract to sell 100,000 widgets to a company in Germany at 5 euro per widget. Payment is due six months from now. You expect the Euro to appreciate from the current $1/.85 euro within…