What is Forex? 191 Created on June 20, 2023 By Over1251 What is Forex? 1 / 10 The forex market is a global market in which you can trade ONE currency pair against another. True False 2 / 10 What is the largest financial market in the world? Options Market Stock Market Forex Market 3 / 10 How big is the FX market if it is the world's largest financial market? $20 Trillion $6 Trillion $90 Billion 4 / 10 How many letters are there in currency symbols? Two Four Three 5 / 10 Which of the following does NOT represent an important currency pair? EUR/USD NZD/USD EUR/GBP 6 / 10 What exactly is the currency market? Online Market Exchange Market Over-the-Counter Market 7 / 10 Crosses produced from the three major non-USD currencies are the most commonly traded: EUR, JPY, GBP EUR, JPY, NZD EUR, CAD, JPY 8 / 10 What currency is the second most traded? JPY EUR GBP 9 / 10 The majority of currency trading in the forex market is speculative. True False 10 / 10 What do you name a contract that specifies the price at which a currency can be bought or sold and establishes a particular date for the transaction? Currency Option Currency Future Currency ETF Your score isThe average score is 63% LinkedIn Facebook VKontakte 0% Restart quiz
