WorksheetsWFX-Week1
Total questions: 8
Worksheet time: 1hrs 20mins
Name
Class
Date
1.
How many hours and days a week is the forex market open?
a)
24 hours/ 3 Days
b)
24 hours/ 5 Days
c)
24 hours/7 Days
2.
What is an Exchange rate?
a)
The rate at which users exchange money
b)
The relative price of two currencies from two different countries
c)
The value of the country's currency
3.
How are Currencies Traded?
a)
Groups
b)
Individually
c)
In pairs
4.
How many currency pair categories exist?
a)
2
b)
3
c)
5
5.
What are the worlds most liquid currencies?
a)
The majors
b)
The crosses
c)
The exotics
6.
Which one here is a major currency pair?
a)
AUD/CAD
b)
USD/INR
c)
EUR/USD
7.
What is Liquidity?
a)
The level of activity in the financial market
b)
The money in hand
c)
Speed at which stocks can be bought and sold
8.
What is the Daily Trade Volume of the Forex market?
a)
$6.6 Billion
b)
$6.6 Trillion
c)
$220 Billion
100 %
