In what market are currency prices sometimes referred to as a strike price?
A) Forward market
B) Swap market
C) Futures market
D) Options market

Question

Quizplus · Accepted Answer

Currency prices are sometimes referred to as a strike price in the options market. An options contract gives the holder the right, but not the obligation, to buy or sell a currency at a predetermined strike price. The strike price is the price at which the option can be exercised.

In What Market Are Currency Prices Sometimes Referred to as a Strike