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profitable currency hedge using a futures contract

Using current information, give a profitable currency hedge using a futures contract. Justify why you would take this position in the current economic climate.

Support your answer with a weblink, preferably from a futures exchange.

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Let us take the exchange rate of US dollar against another currency, say Euro. As we know that US's credit rating has been downgraded, which is expected to cause a decline in the value of US dollar against other currencies. For importers that import their products from European Union and need to pay in Euros, I will recommend them to ...

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Using current information, give a profitable currency hedge using a futures contract. Justify why you would take this position in the current economic climate.

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