Week 1 – Day 2: Quiz
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Question 1 of 20
1. Question
What is the full form of Forex?
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Question 2 of 20
2. Question
Which of the following are considered ‘Majors’ in the Forex market?
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Question 3 of 20
3. Question
In the Forex market, if you’re buying one currency, what are you simultaneously doing to another currency?
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Question 4 of 20
4. Question
Order the following developments in the Forex market chronologically:
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Electronic trading rises
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Gold Standard
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Bretton Woods Agreement
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Question 5 of 20
5. Question
The daily trading volume of the Forex market is over _____ trillion dollars.
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The daily trading volume of the Forex market is over trillion dollars.
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Question 6 of 20
6. Question
Which currency pair involves a currency from a developed country and a currency from an emerging-market economy?
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Question 7 of 20
7. Question
Match the currency with its respective country:
Sort elements
- Japan
- United Kingdom
- Eurozone
- United States
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JPY
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GBP
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EUR
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USD
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Question 8 of 20
8. Question
What plays a crucial role in international trade and finance?
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Question 9 of 20
9. Question
Which factors influence the EUR/USD pair?
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Question 10 of 20
10. Question
Forex stands for ________ Exchange.
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Forex stands for Exchange.
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Question 11 of 20
11. Question
Name an agreement that played a significant role in the evolution of the Forex market post World War II.
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Question 12 of 20
12. Question
Place these currency pairs from most traded to least:
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GBP/AUD
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USD/TRY
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USD/JPY
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EUR/USD
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Question 13 of 20
13. Question
Match the characteristic with the type of currency pair:
Sort elements
- Major
- Minor
- Major or Exotic
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Highly liquid
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Does not involve USD but includes other major currencies
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Involves USD
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Question 14 of 20
14. Question
Which currency pair might be influenced by U.S. employment data?
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Question 15 of 20
15. Question
Which of the following are impacts of Forex on the economy?
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Question 16 of 20
16. Question
Minor pairs don’t involve the _____ but do include other major currencies.
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Minor pairs don’t involve the but do include other major currencies.
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Question 17 of 20
17. Question
Exotic currency pairs typically involve currencies from:
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Question 18 of 20
18. Question
In Forex trading, when we say “liquidity,” what are we referring to?
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Question 19 of 20
19. Question
Match the following:
Sort elements
- USD/TRY
- GBP/USD
- EUR/GBP
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Exotic Pair
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Major Pair
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Minor Pair
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Question 20 of 20
20. Question
Order the pairs from most to least liquid based on general market trends:
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EUR/USD
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USD/ZAR
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USD/CAD
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