A speculator in futures contracts who expects the value of a foreign currency to depreciate would likely sell futures contracts.

Name: A speculator in futures contracts who expects the value of a foreign currency to depreciate would likely sell futures contracts.
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Selling futures contracts allows the speculator to profit if the value of the currency does indeed depreciate, as they can buy it at a lower price and then sell it at a higher price at the expiration date of the contract.

A Speculator in Futures Contracts Who Expects the Value of a Foreign