Closing Forex Rates 1

April 30th, 2007

Open Question: Do currency options work differently than stock options?
I’ve traded options before with US stocks and I understand that if I buy 1 contract for 100 shares priced at $.50 they are going to charge me $50 plus commission. Is that basically the same for forex? For example, I was looking at options on CME for EUR. One contract covers 125,000 of Euros. If I buy one contract at a price of .0010 do they charge my account $125 plus commission? Is that the most that I can lose on that position or am I somehow leveraged 50:1 like a regular forex trade and I can lose a lot more than $125?

Mon, 30 Apr 2007 23:20:50 GMT
Forex Online Currency Trading
Forex Online Currency TradingForex Jungle Guide36 min 16 sec - Sep 25, 2006Forex trading signals for day trades on the Euro, Pound, and other major currencies. Check out http://www.ForexJungleGuide.com for details.

Mon, 25 Sep 2006 00:00:00 PDT
FOREX-Dollar down, ends worst month since November
Reuters UK - NEW YORK, April 30 (Reuters) - Signs of sluggish U.S. growth pushed the dollar just shy of a record low against the euro on Monday, capping the U.S. currency’s steepest monthly slide since November. A pair of economic reports showing subdued …

01 May 07 00:31:00 UTC


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