What Is the Value Date of a 1-Month Outright Forward

question 195

Multiple Choice

What is the value date of a 1-month outright forward FX transaction dealt today, if today's spot date is Monday, 30th January? Assume there are no bank holidays and that the year is not a leap year.

• A) 2nd March
• B) 1st March
• C) 2gth February
• D) 28th February

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Definitions:

Unconscious

Part of the mind that is inaccessible to the conscious mind but that affects behaviors and emotions.

Hypnosis

A state of heightened focus and concentrative relaxation, induced by suggestion, that can alter perception, sensation, and can be used for therapeutic purposes.

Free Association

A psychoanalytic process in which the patient speaks freely about thoughts, feelings, and images that arise, revealing unconscious thoughts and emotions.

Topographical Model

Sigmund Freud's model of the mind, which divides it into three regions: the conscious, preconscious, and unconscious.