Quizzes 57 to 60

The economic calendar is offered?

A) For a fee
B) for free
C) has no importance in Forex trading
D) none of the above

The wrong answers include A) for a fee, C) it has no importance in the Forex trading, D) and none of the above.

The correct answer is B) for free. Economic calendars can be found for free at several places around the Internet.

The most important economic events as shown in the economic calendar are marked with the color?

A) Green
B) Orange
C) Blue
D) Red

The wrong answers include A) green, B) orange, and C) blue.

The correct answer is D) red. On most economic calendars, high-level events are color-coded with red lettering or symbols.

Who is responsible for markets making aggressive moves in less than a second?

A) Robots
B) traders that are taking a trade at the same time
C) central banks
D) someone else

The wrong answers include B) traders that are placing a trade at the same time, C) central banks, and D), someone else.

The correct answer is A) robots. High-frequency traders use algorithms and automated trading to take advantage of small fluctuations in price. This adds to the short-term volatility of the markets.

When a central bank raises the interest rate it is being said that?

A) It hiked the rate
B) it cut
C) it did nothing
D) none of the above

The wrong answers include B) it cut, C) it did nothing, and D), none of the above.

The correct answer is A), it hiked the rate.

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