Currency Futures Refer to Contracts to Buy and Sell Foreign

question 28

True/False

Currency futures refer to contracts to buy and sell foreign moneys (i.e., foreign exchange).

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Definitions:

Organization's Data

Represents the collective information, records, and operational datasets owned or used by a business or institution for decision making and operations.

Prescriptive Analytics

A type of business analytics that recommend one or more courses of action and showing the likely outcome of each decision.

Predictive Analytics

A type of business analytics that examines recent and historical data in order to detect patterns and predict future outcomes and trends.

Descriptive Analytics

A type of business analytics that summarize what has happened in the past and allow decision makers to learn from past behaviors.