The top three currency pairs traded with the U.S. dollar are:
A) U.K. pound, Chinese Yuan, Japanese yen.
B) Swiss franc, euro, Japanese yen.
C) U.K. pound, euro, Japanese yen.
D) euro, Chinese Yuan, Japanese yen.

Question

Quizplus · Accepted Answer

The U.S. dollar is commonly traded against major currencies such as the euro, U.K. pound, and Japanese yen, and these three currency pairs are the most widely traded forex pairs in the world. While the Swiss franc is also a major currency, it is not as widely traded as the euro, and the Chinese yuan is not yet fully convertible, so it is not as commonly traded as the other currencies mentioned. Therefore, the best choice is C, which includes the U.K. pound, euro, and Japanese yen.

The Top Three Currency Pairs Traded with the U