Many traders like to practice what is called “currency trading.” This is a type of investment in which you speculate on the value of a currency or commodity such as gold that has been defined as an asset. Moreover, a Currency Future is also a contract between two parties, who agree on the price at which they will exchange their currencies in the future (the future date), and set the specific day for this exchange.A currency future is a type of derivative contract that allows traders to place a bet on the future value of a particular currency by buying or selling it at a specified price in the future. This can be used to help hedge against changes in interest rates or other variables that influence a currency's value for example, or to speculate on the likelihood of a certain event happening in the future.Currency futures are used by speculators to speculate on the future price of a currency. The contract states that a specific amount of money will be exchanged on a specified date, at a specific price.