6 You are a dealer with a short position in US dollars against euros. A counterparty calls...

Question:

6 You are a dealer with a short position in US dollars against euros.

A counterparty calls you for a price in EUR/USD. The market is currently 0.9503/08. Which of the following prices might you quote if you now wish to reduce the size of your position?

• 0.9502/07

• 0.9503/08

• 0.9504/09

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: