If 6-Month EUR/AUD Is Quoted at 29/32, Which of the Following

question 69

Multiple Choice

If 6-month EUR/AUD is quoted at 29/32, which of the following statements is correct?

• A) EUR rates are higher than AUD rates in the 6-month
• B) AUD rates are higher than EUR rates in the 6-month
• C) There is a positive EUR yield curve
• D) There is not enough information to decide

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