3. Foreign Exchange (FX) Forwards and Swaps Flashcards
1
Q
In the FX markets, foreign currency is quoted to how many decimal places
A
5
2
Q
What are the smallest movements in an FX market referred to as
A
Pips - 0.0001
In the FX markets, foreign currency is quoted to how many decimal places
5
What are the smallest movements in an FX market referred to as
Pips - 0.0001