Multiple Choice
If the AUD/USD exchange rate declines from 1.9585 to 1.7662, then the fall is equal to:
A) 1,923 points
B) 192,300 pips
C) 19.23 points
D) 1,923 pips
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q30: Dealer A quotes 1.7652/1.7672 for the AUD/USD
Q31: A 'misquote' arises when a dealer:<br>A) quotes
Q32: A price maker in the foreign exchange
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)
Q38: You are given the exchange rate AUD/USD
Q40: You are given the exchange rate AUD/USD