BLOOMBERG MARKET CONCEPTS
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
●● What is one of the potential implications of many countries adopting
a single currency as the Euro?
Answer: Loss of autonomy and challenges with unique economic
landscapes
●● What is one advantage of a currency peg for a country?
Answer: Eliminating currency volatility and promoting export
promotion
●● What types of digital tools and products can be created using DeFi
applications?
Answer: Assets, investments, and trading applications
●● What is the difference in purpose between spot trades and FX swaps?
Answer: Spot trades involve an immediate and simultaneous purchase of
one current and sale of another currency, whereas FX swaps extend spot
trades to mature at a later date
, ●● What is the difference between Equity Investors and Fixed Income
Investors in the FX market?
Answer: Equity Investors primarily utilize FX to facilitate their equity
investments, while Fixed Income Investors combine a view on
international bond markets with a view on the underlying currencies.
●● Review the most recent BIS Triennial Survey taken in April 2022.
What was the average daily FX volume?
Answer: $7.5 trillion per day
●● What is the term for combining views on FX with other markets?
Answer: Global Macro
●● Which of the following most accurately reflects the FX trading
volume and trend when comparing the Euro with the Chinese renminbi
between 2019 and 2022?
Answer: In 2022, the Euro continued to be the second most actively
traded currency on one side of about 30.5% of all trades but a decline
from almost 32% in 2019. The renminbi's share rose to 7%, making it
the fifth most traded currency in 2022 up from eighth place in 2019,
with a 4% share. While the renminbi is grew much faster than the Euro,
it still trades less than 25% of the volume of the Euro
●● Which currency classification would best describe the US dollar
Answer: Global Reserve Currency
UPDATED ACTUAL QUESTIONS AND
CORRECT ANSWERS
●● What is one of the potential implications of many countries adopting
a single currency as the Euro?
Answer: Loss of autonomy and challenges with unique economic
landscapes
●● What is one advantage of a currency peg for a country?
Answer: Eliminating currency volatility and promoting export
promotion
●● What types of digital tools and products can be created using DeFi
applications?
Answer: Assets, investments, and trading applications
●● What is the difference in purpose between spot trades and FX swaps?
Answer: Spot trades involve an immediate and simultaneous purchase of
one current and sale of another currency, whereas FX swaps extend spot
trades to mature at a later date
, ●● What is the difference between Equity Investors and Fixed Income
Investors in the FX market?
Answer: Equity Investors primarily utilize FX to facilitate their equity
investments, while Fixed Income Investors combine a view on
international bond markets with a view on the underlying currencies.
●● Review the most recent BIS Triennial Survey taken in April 2022.
What was the average daily FX volume?
Answer: $7.5 trillion per day
●● What is the term for combining views on FX with other markets?
Answer: Global Macro
●● Which of the following most accurately reflects the FX trading
volume and trend when comparing the Euro with the Chinese renminbi
between 2019 and 2022?
Answer: In 2022, the Euro continued to be the second most actively
traded currency on one side of about 30.5% of all trades but a decline
from almost 32% in 2019. The renminbi's share rose to 7%, making it
the fifth most traded currency in 2022 up from eighth place in 2019,
with a 4% share. While the renminbi is grew much faster than the Euro,
it still trades less than 25% of the volume of the Euro
●● Which currency classification would best describe the US dollar
Answer: Global Reserve Currency
