2 : The Currencies

Question 1

EUR is seen as

Answer 1

High risk

Question 2

Which currency is considered volatile and tricky to trade?

Answer 2

JPY

Question 3

The two safe currencies are…

Answer 3

USD & JPY

Question 4

Which currency is set up to fail?

Answer 4

EUR

Question 5

JPY is reliant on what?

Answer 5

Commodities

Question 6

The steady currency is…

Answer 6

GBP

Question 7

Fundamental news affects GBP what way?

Answer 7

A predictable way

Question 8

AUS has lots of…

Answer 8

Commodities, especially gold

Question 9

Which currencies are most influenced by gold prices?

Answer 9

AUD & CHF

Question 10

CAD has the third largest reserves of what commodity?

Answer 10

Oil

Question 11

Oil prices influence which two currencies the most?

Answer 11

CAD & JPY

Question 12

What percent of CADs oil goes to USD?

Answer 12

80%

Question 13

Who buys most of CADs oil?

Answer 13

USD

Question 14

CAD is most influenced by which currency?

Answer 14

USD

Question 15

What does NZD export?

Answer 15

Soft commodities - milk powder, butter, cheese

Question 16

If the price of oil is RISING then which currency is going to benefit?

Answer 16

CAD

Question 17

If the price of oil is LOW the which currency is going to benefit?

Answer 17

JPY

Question 18

Which currency is most likely to be influenced by interest rates at this moment in time?

Answer 18

NZD

Question 19

What’s he best word to sum up CHF?

Answer 19

Safety

Question 20

What’s the order of importance of the top 8 currencies?

Answer 20

USD, EUR, JPY, GBP, AUD, CAD, NZD, CHF