Question

Question No. 1
The nature of forex trade is
O Buy-sell
O Borrow-lend
O Both Buy-sell and Borrow-lend
O None of the options​

Answer 1

Answer:

Trading can be done in nearly all currencies. However, a few currencies known as the majors are used in most trades. These currencies are the U.S. dollar, the euro, the British pound, the Japanese yen, the Swiss franc, the Canadian dollar, and the Australian dollar. All currencies are quoted in currency pairs. When a trade is made in forex, it has two sides—someone is buying one currency in the pair, while another individual is selling the other.