SIE Exam Practice Question 288

Question: 288

A customer wants to exchange her US Dollars for Euros. What will determine how many Euros she receives for her Dollars?

A. The amount of euros received will depend on the equity market conditions on the major European exchanges such as the CAC & FTSE

B. The interest rate differential between the 2 central banks - the Federal Reserve and the ECB

C. The nearby euros futures contract

D. The spot forex exchange rate