LESSON 3
Authored by AYODEJI OYEKUNLE
Other
Professional Development
Used 3+ times
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11 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In forex, a currency pair means a combination of:
two currencies
two or more currencies
All of the Above
2.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
A currency pair consists of Base currency and ….
Base currency
Quote currency
Base and counter currency
3.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
In forex, the price at which the market is willing to buy a specific currency pair is called……
Bid/Ask price
Ask price
Bid price
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The difference between the Ask and Bid prices is called…..
Pip
Lot
Spread
Difference
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
One, out of the following, is not a Major currency pair:
EUR/USD
USD/CAD
GBP/CHF
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Identify this correctly:
Ask price and Bid price
Bid price and Ask price
Bid price and spread
7.
OPEN ENDED QUESTION
3 mins • 5 pts
Why do you want to be a Forex trader?
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