10 Questions
Which two currencies are quoted in the forex market?
EURO/USD
What is the spread for the EURO/USD currency pair at 1.2050/1.2053?
3 pips
What type of forex order allows you to buy or sell at the current price?
Market order
Which characteristic of currency pairs refers to the gap between buying and selling prices?
Spread
What do economic indicators show in forex trading?
Economic statistics
Which type of forex order allows you to buy or sell at a set price or better?
Limit order
What is the spread for the EURO/USD currency pair at 1.2050/1.2053?
3 pips
Which characteristic of currency pairs refers to how much they move in value?
Volatility
Which two currencies are quoted in the forex market?
EURO/USD
What do economic indicators show in forex trading?
Stats about an economy
Test your knowledge of forex trading with this quiz on understanding quotes and types of forex orders. Learn about currency pairs, bid and ask prices, spreads, and various types of forex orders. Challenge yourself and improve your trading skills!
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