CMSA (SPOT FOREIGN EXCHANGE) EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 100% GUARANTEED PASS
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Course
CMSA
Institution
CMSA
CMSA (SPOT FOREIGN EXCHANGE) EXAM QUESTIONS AND ANSWERS WITH COMPLETE SOLUTIONS VERIFIED 100% GUARANTEED PASS
Currency codes fall under ___
ISO code 4217
They are three letters long with the first two indicating the country and the last letter indicating the currency
Ex. USD; GBP; CAD; THB
...
They are three letters long with the first two indicating the country and the last letter indicating the
currency
Ex. USD; GBP; CAD; THB
A few exceptions
Ex.
IDR (Indonesian Rupiah)
EUR (Euro)
BRL (Brazilian Real)
When looking at currency pairs, which is showed with the highest priority and least?
In order from highest to least:
Euro
Pound Sterling
, Australian Dollar
New Zealand Dollar
United States Dollar
Canadian Dollar
Swiss Franc
Japanese Yen
Correct Quote:
EUR/USD or EUR/JPY
Incorrect Quote:
USE/EUR or JPY/EUR
What are the different groups of FX currencies?
1. Majors
2. Minors
3. Exotic or Emerging Currencies
4. Precious Metals
Define Majors
Feely traded in the spot and FX forward markets
Ex. USD; EUR; JPY; GBP; CHF
Define Minors
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