Futures Markets

Currency Futures

U.S. Dollar Index Futures

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Japanese Yen Futures

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Euro FX Futures

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Canadian Dollar Futures

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Foreign Exchange Currency Futures

Currency markets are used by both speculators and hedgers. Speculators watch global economic activity to play the markets, while hedgers use currency contracts to hedge against foreign exchange risk. Currency, itself, is legally specified by a government to be used as the basis of national trade, usually consisting of paper notes or metal coins. Once a country has declared a national currency, it can then be used in exchange for goods and services. This does not make the currency universal though and in many cases one currency needs to be exchanged for another (foreign exchange) for goods and services to be transferred between countries.

Trade Popular Currency Futures Contracts

U.S. Dollar Index – Started in 1973, the USDX is an index that weighs the value of the U.S. dollar against other major currencies. It is currently calculated using the exchange rate of the euro, Japanese yen, Canadian dollar, British pound, Swedish krona and the Swiss franc.

Euro – Started in 1999, the euro was relatively invisible for the first three years of its existence. Now it is used by 17 out of the 27 Member States of the European Union. Considered to be a fast growing currency, it is one of the most traded currencies on the market.

Japanese Yen – Started in 1871, the Japanese yen is a floating exchange rate, which values itself against the U.S. dollar. Globally, the yen is the third most traded currency and considered highly volatile.

Canadian Dollar – Started in 1858, the Canadian dollar replaced the Canadian pound as the main currency of Canada. In 1950 the Canadian dollar was the first currency allowed to float which is is still doing so today.


Trading Currency Futures


Yen Range-Center Peak/Relapse Count Reinforced

RJO Market Insights

Euro Headed Lower

Steve Sylas

U.S. Dollar Index Observes Upside Correction

Ian Bannon

S-T But Key Mo Failures Stem Euro, Sterling, Yen Intra-Range Rallies

RJO Market Insights

Yen Rockets as Virus Pessimism Recedes

Steve Sylas

Yen Succumbs to Range-Center Black Hole; CAD Next?

RJO Market Insights

Targeting Opportunity on the Dollar Index and the Euro

RJOF Editorial Team

King US Dollar Grows Old

Ian Bannon

Euro Propped to Take Off

Steve Sylas

Sterling May Have Weathered Range-Center Correction

RJO Market Insights