Anyone know how much it costs to hedge $1,000,000 of export contracts used in trade?https://twitter.com/wynot1234/status/1179710870668095488 …
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are you talking about FX futures?https://www.cmegroup.com/trading/fx/emerging-market/chinese-renminbi.html …
Yes exactly. How do I read it? Trying to get a sense of what % I'd pay on a currency rate lock in for a year on a $1 million in exchange between USD/RMB USD/EUR USD/Any Major Currency.
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Sorry I dont know. I have a friend who does that for another currency and use a broker for it. I dont know if it's because it's complex or if he didnt want to bother
Thanks. Twitter will use this to make your timeline better. UndoUndo
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