FOREX PPHC 2025 QUIZ

What is Forex?

• A stock market

• A cryptocurrency

• A global marketplace for trading currencies

• A type of investment fund

What does "spread" refer to in forex trading?

• The difference between the highest and lowest price of a currency

• The difference between the bid and ask price

• The total amount of a trade

• The time it takes for a trade to execute

What is a "pip" in forex trading?

• A unit of leverage

• A measure of currency pair movement

• A type of trade order

• A currency reserve

What does it mean to "hedge" in forex trading?

• Speculate on future currency movements

• Use leverage to maximize profits

• Reduce potential losses by opening opposing trades

• Close all open positions

Which type of analysis focuses on price action and chart patterns to make trading decisions?

• Fundamental analysis

• Quantitative analysis

• Economic analysis

• Technical analysis

What is the "Safe Haven" currency, and which of the following is often considered one?

• A currency that investors flock to during economic uncertainty; JPY

• A currency with high interest rates; GBP

• A currency tied to commodity prices; AUD

• A currency of a fast-growing economy; CNY

The U.S. Federal Reserve increases its interest rates significantly. How would this likely affect the USD/IDR exchange rate?

• The IDR strengthens against the USD

• No significant impact on the exchange rate

• Both currencies weaken against other major currencies

• The IDR weakens against the USD

In the forex market, what does the term "risk-on" environment imply for emerging market currencies like the rupiah?

• Increased capital inflows and appreciation of the rupiah

• Reduced foreign investment and depreciation of the rupiah

• Increased volatility without a clear trend

• Reduced trading volume in forex markets

Why is the Jakarta Interbank Spot Dollar Rate (JISDOR) important for forex traders in Indonesia?

• It serves as a benchmark for interest rates in Indonesia

• It is used to calculate inflation in Indonesia

• It determines the official USD/IDR exchange rate for trade settlements

• It is the only legal exchange rate used in retail trading

Through Rapat Dewan Gubernur on 15 Januari 2025, Bank Indonesia decided to cut the rate down BI-Rates to 25bps or . . . . . . . . . . . to retain economy stability.

• 6%

• 5,75%

• 6,25%

• 6,75%