Foreign currency futures contracts are actively traded on the
A) Japanese yen.
B) Australian dollar.
C) Brazilian real.
D) Japanese yen and Australian dollar.
E) All of the options are correct.

Question

Quizplus · Accepted Answer

Foreign currency futures contracts are actively traded on various currencies, including the Japanese yen, Australian dollar, and Brazilian real, among others. These contracts are standardized agreements to buy or sell a currency at a future date, and they are traded on futures exchanges around the world.

Foreign Currency Futures Contracts Are Actively Traded on the