Forex Market Fundamentals Quiz

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Questions and Answers

What is forex?

  • A market for trading currencies (correct)
  • A type of cryptocurrency
  • A social media network
  • An online gaming platform

What is the primary purpose of forex trading?

  • To promote tourism
  • To facilitate international trade and investment (correct)
  • To support government operations
  • To fund charitable organizations

Which factor heavily influences forex trading?

  • Celebrity endorsements
  • Sports events
  • Economic indicators and geopolitical events (correct)
  • Weather patterns

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