Forex – What do you know about it? 571 Created on September 30, 2020 By Eddie Vorman Forex - What do you know about it? Forex is one of the most important parts of the global economy. Among other things, it shows how countries communicate and co-exist. However, Forex depends on so many factors. Do you know how it works? Find out now! 1 / 10 What does Forex stand for? Forced Execution of trades by computers Formulated Expectation of a stock's trading volume Foreign Exchange 2 / 10 What is traded in Forex? Gold Currencies Oil None of them 3 / 10 Historically, when did forex trading begin? In the 12th century BC In ancient times In 3rd century In 15th century 4 / 10 Which are the main participants in the forex market? Asian and European investors U.S. and Asian Central banks The larger international banks 5 / 10 How are the major Forex markets divided when speaking about trading generally? Asian, European and U.S. markets European, the U.S., and Chinese markets Asian and U.S. markets None of the answers are correct 6 / 10 What does safe-haven mean? It means currencies, which skyrocket during safe periods but fall during the crisis It’s the name for risk-off currencies, which are steadier during the crisis None of the answers are correct 7 / 10 What do traders typically do during the crisis? They sell safe-haven currencies and buy riskier ones They sell riskier currencies and buy safe-havens c) They raise the prices on oil-linked currencies, but lower prices of safe-havens 8 / 10 Which are the safe-haven currencies? U.S. dollar, Japanese Yen, Swiss Franc Sterling, Euro, Chinese Yuan U.S. dollar, Euro, Aussie 9 / 10 The oil-linked currencies are: U.S dollar and New Zealand dollar Canadian dollar and Australian dollar Euro and Yen 10 / 10 Which currencies are depending on China due to the trading relations? U.S. dollar and Japanse Yen Australian and New Zealand dollars Japanese Yen and Aussie Your score isThe average score is 2% LinkedIn Facebook Twitter VKontakte 0% Restart quiz Support Platform Spread Trading Instrument Comments Rating 0 (0 reviews)
