What is the Gold Offered Forward Rate (GOFO)?
Answer(s): B
For which country’s currency is SEK the ISO code?
Answer(s): D
3-month USD/CHF is quoted at 12/10. Interest rates in Switzerland are reduced but USD rates (which are higher) are unchanged. What would you expect the 3-month forward USD/CHF rate to be?
What is the ISO code for the Indian rupee?
Answer(s): C
Cable is quoted at 1.5575-80 and you say “5 yours!” to the broker. What have you done?
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