Trading in foreign exchange markets is dominated by:

Question

Quizplus · Accepted Answer

The most traded currencies in the foreign exchange markets are the U.S. dollar, the British pound, the euro, and the yen. These currencies are widely used in international trade and finance, and they represent the largest economies in the world. Other currencies may also be traded, but they are usually less liquid and may have higher transaction costs. Therefore, option D is the best choice as it contains the most commonly traded currencies in the foreign exchange markets.

Trading in Foreign Exchange Markets Is Dominated By