How to calculate profits and losses (MODUL 4-8)

If the quote currency is not in US dollars, you will have to convert the profit or loss to US dollars at the dealer’s rate.

Let’s look at an example using a USD/JPY spread. If you lost 50,000 Japanese yen on the transaction and the dealer’s rate is $.0091 for each yen, what is your loss in dollars?

Advance to the next screen for the answer.