Question
When EUR/USD quote moves from 1.5745 to 1.5775, it represents _____ pips. If you bought 100,000 EUR @ 1.5745, ______ you are able to capture
When EUR/USD quote moves from 1.5745 to 1.5775, it represents _____ pips. If you bought 100,000 EUR @ 1.5745, ______ you are able to capture after this price movement.
Question 1 options:
|
| +0.003 pips, +300 profit |
|
| +30 pips, -30 loss |
|
| +30 pips, +300 profit |
|
| - 0.003 pips, -30 loss |
|
| +300 pips, +300 profit |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
International Finance
Authors: Keith Pilbeam
5th Edition
1350347094, 978-1350347090
