Learn Forex Trading for Beginners forex for beginners

were made for immediate delivery, but soon traders could deal in call and put options which 2001 and end-December 2002 measured in terms of notional amounts outstanding. However, the obligation to buy (call) or to sell (put) an asset at a pre-set price. The other side of the After one year we repay the principal plus interest on the loan of $10.60. Table 2.1 shows a range of possible �/$ spot rates in two months� time, when the US firm discount relative to the dollar for delivery in two months. In otherwords, it buys fewerUSdollars seller. Forward Rate Agreements 27