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What is Forex?

Total questions: 12

Worksheet time: 7mins

Name
Class
Date
1.

FOREX stands for

(a)  

2.

This is a place where

a)

Currenicies are created

b)

Currenicies are Traded

c)

Currenicies are spent

3.

How much money is traded every day?

a)

3 trillion dollars a day

b)

4 trillion dollars a day

c)

5 trillion dollars a day

d)

6 trillion dollars a day

4.

How many currencies are we going to focus on?

a)

7

b)

8

c)

9

d)

10

5.

How do we make money?

a)

By buying and selling currencies we make money whether the market goes up or down

b)

Buying currencies we make money whether the market goes up or down

c)

Selling currencies we make money whether the market goes up or down

6.

What are the Currencies we are going to focus on?

a)

United States Dollar (USD)

b)

Canadian Dollar (CAD)

c)

Japaneeese Yen (JPY)

d)

Australian Dollar (AUD)

7.

What are the Currencies we are going to focus on?

a)

Great Britain Pound (GBP)

b)

European Euro (EUR)

c)

New Zealand Dollar (NZD)

d)

Swiss Franc (CHF)

8.

How many days a week is the forex market open?

a)

2

b)

5

c)

6

d)

7

9.

Money is what ?

a)

The root of all evil

b)

a tool

10.

Anything that doesn't have USD at the end is a what ?

a)

Major

b)

Minor (cross-currency)

c)

Exotic

11.

Which is the most liquid market ?

a)

Stock

b)

Options

c)

Bonds

d)

Forex

12.

Which is the biggest market ?

a)

Stock

b)

Options

c)

Bonds

d)

Forex