Multiple Choice
A price maker in the foreign exchange market is:
A) a speculator who acts upon a subjectively expected exchange rate
B) a foreign exchange forecaster
C) a large commercial bank quoting bid and offer rates
D) a government agency which regulates trading and controls exchange rates
Correct Answer:

Verified
Correct Answer:
Verified
Q27: In order of importance, the following were
Q28: A price taker in the foreign exchange
Q29: If the exchange rate between the Australian
Q30: Dealer A quotes 1.7652/1.7672 for the AUD/USD
Q31: A 'misquote' arises when a dealer:<br>A) quotes
Q33: In order of importance, the following were
Q34: If the exchange rate between the Australian
Q35: In the foreign exchange market, price-takers:<br>A) buy
Q36: If the AUD/USD forward spread is -5.00%,
Q37: A foreign exchange broker earns income by:<br>A)