The Convention in the FX Markets Is That the Second-Named

question 106

Multiple Choice

The convention in the FX markets is that the second-named currency in a FX quote that is used to express the value is:

• A) direct currency.
• B) indirect currency.
• C) terms currency.
• D) unit of the quotation.

---

Definitions:

Hardenability

The capacity of a steel to be hardened through heat treatment, influencing its toughness and wear resistance.

Molybdenum

A chemical element with the symbol Mo and atomic number 42, known for its high strength and resistance to heat, often used in steel alloys.

Toughness

The ability of a material to absorb energy and plastically deform without fracturing.

Toughener

A substance added to materials to increase their toughness, making them more resistant to impact and less likely to crack.