Trader's Action | Euros | US Dollars |
A trader sells 10,000 Euros in December 2009 when the EUR/USD rate was 1.5083. | -10,000 | +15,083 |
In January of 2010 the trader buy 10,000 Euro back at the market rate of 1.4200. | +10,000 | -14,200 |
In this example, the trader earned a gross profit of $883. | 0 | +883 |