Euro FX

Discussion in 'Forex' started by JDE13158, May 8, 2005.

  1. JDE13158


    Guys, I'm still new to Forex and currencies, so if someone could clear this up for me that'd be great. Is trading Euro FX and EUR/USD the same thing? Same hours?
  2. Euro FX is the futures version of EUR/USD. EUR/USD represents the cash cross-rate between the currencies. Euro FX are futures contracts traded at CME/Globex, usually trading at a premium of 10-15 pips from the cross-rate. Some charting packages use EUR/USD to notate Euro FX futures however, so it can be confusing. Hours are not entirely the same (futures are closed for an hour here and there while cash forex is still trading), but they're pretty close.
  3. JDE13158


    Thanks for the info.