Currency Speculation Refers to The

Currency speculation refers to the:

A) conversion of one currency into another.
B) technique of protecting against the potential losses that result from adverse changes in exchange rates.
C) simultaneous and instantaneous purchase and sale of a currency for a profit.
D) exchange rates that require immediate settlement with delivery of the traded currency.
E) practice of buying and selling a currency with the expectation that the value will change and result in a profit.