Unit 5: Foreign exchange

The market in which currencies are bought and sold and in which currency prices are determined is called the....

The practice of insuring against potential losses that result from adverse changes in exchange rates is called...

.... is the instantaneous purchase and sale of a currency in different markets for profit

... is the purchase or sale of a currency with the expectation that its value will change and generate a profit

In a quoted exchange rate, the currency with which another currency is to be purchased is called the...

In a quoted exchange rate, the currency that is to be purchased with another currency is called the....

The exchange rate requiring delivery of the traded currency within two business days is called the...

The exchange rate at which two parties agree to exchange currencies on a specified future date is called the...

.... is a contract requiring the exchange of an agreed-upon amount of a currency on an agreed-upon date at a specific exchange rate

A .... is the simultaneous purchase and sale of foreign exchange rate for two different dates