The Euro is the currency of most of the supranational European Community countries, excluding the large UK did not adopt that currency keeping the British pound.
advent of the euro value of the Euro / US dollar is the most used, not only for international transactions in regulation of the flow of import / export of goods between the two sides of the Atlantic, but also to perform triangulation coverage between the various currencies.
In recent years, negotiations have also been supported by a huge flow of speculative trading of origin, the result of a growing financial interest of operators on different markets than equities and bonds.
The Future of the relationship of exchange between euro and U.S. dollar how many U.S. dollars needed to buy a euro, and the contract value is equal to 125,000 Euro and as most of the Financial Future dates for quarterly (March, June, September, December ).
is contracted to the CME (Chicago Mercantile Exchange) through the electronic trading system (CME Globex) that allows a contract of 24 hours 24. Description
contract
Name: Euro (Euro) contract signed
CU
expiration months: March, June, September, December,
Stock Exchange: CME, Chicago Mercantile
Exchange minimum price variation (tick) 0.0001
Tick Value: $ 12.50
trading hours: from 7:20 a.m. at 2:00 p.m. Now Chicago
size of the contract: the contract 125000 EUR
Quote: expresses the exchange rate of EUR / USD
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