You Are an Active Currency Trader in the Dollar Versus

question 23

Multiple Choice

You are an active currency trader in the dollar versus euro market. The current market quote ($/€) is 1.51-1.55. However, you believe the dollar will appreciate versus the euro. Which of the following quotes is the most likely one you will present to the market given your views?

• A) 1.52-1.56
• B) 1.50-1.54
• C) 1.50-1.57
• D) 1.52-1.54

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