The Value of a Euro Futures Contract Will Go Up

question 60

Multiple Choice

The value of a euro futures contract will go up when

• A) European interest rates go down.
• B) interest rates go down.
• C) the dollar strengthens against the euro.
• D) the dollar weakens against the euro.

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Definitions:

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A CNC (Computer Numerical Control) machine tool used to shape metal, wood, or other materials by rotating it rapidly along its axis while pressing a fixed cutting or abrading tool against it.

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The available but unutilized production capability or volume in a given period, indicating inefficiencies or room for output expansion.

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