Multiple Choice
Assume that the dollar is selling at a premium on the 30-day dollar/euro forward market.Which of the following reflects the foreign exchange dealers' expectations about the dollar over the next 30 days?
A) The dollar will depreciate against the euro.
B) The dealers are undecided about the direction of movement.
C) The dollar will appreciate against the euro.
D) The dollar/euro exchange rate will be steady.
Correct Answer:
Verified
Correct Answer:
Verified
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