2 : The Currencies Flashcards
1
Q
EUR is seen as
A
High risk
2
Q
Which currency is considered volatile and tricky to trade?
A
JPY
3
Q
The two safe currencies are…
A
USD & JPY
4
Q
Which currency is set up to fail?
A
EUR
5
Q
JPY is reliant on what?
A
Commodities
6
Q
The steady currency is…
A
GBP
7
Q
Fundamental news affects GBP what way?
A
A predictable way
8
Q
AUS has lots of…
A
Commodities, especially gold
9
Q
Which currencies are most influenced by gold prices?
A
AUD & CHF
10
Q
CAD has the third largest reserves of what commodity?
A
Oil
11
Q
Oil prices influence which two currencies the most?
A
CAD & JPY
12
Q
What percent of CADs oil goes to USD?
A
80%
13
Q
Who buys most of CADs oil?
A
USD
14
Q
CAD is most influenced by which currency?
A
USD
15
Q
What does NZD export?
A
Soft commodities - milk powder, butter, cheese
