Currency Exchange & Forex
What does Forex stand for?
Foreign Exchange
Name two examples of commodities.
Gold and oil.
What does CPI stand for?
Consumer Price Index
What makes blockchain extremely hard to hack or change?
Because the information is stored across numerous computers, and every copy must match at all times, it's hack-proof.
What is the purpose of Fibonacci retracements?
To recognize potential support and resistance levels.
If USD/KRW rises from 1,300 to 1,350, which currency got stronger?
What does REIT stand for?
Real Estate Investment Trust
When interest rates are low, what usually happens in the economy?
People borrow and spend more, boosting growth.
What year was Bitcoin created?
2009.
Name two key Fibonacci levels often used by traders.
38.2 % and 61.8 %
Name two major factors that move currency prices.
Interest rates and inflation
How do commodities help protect against inflation?
Their prices usually rise as goods become more expensive.
Name one political event that can move markets.
Elections or government policy announcements.
What does HODL mean?
Hold On for Dear Life — buy and hold long-term, simply it means HOLD.
When price touches the upper Bollinger Band, what might that signal?
The market is overbought and may reverse.
Why do higher interest rates often lift a currency’s value?
More people move money to that country to earn better returns.
What’s a real-estate bubble?
When prices rise too high from speculation and then crash.
If prices rise faster than wages, what happens to consumers?
Their purchasing power drops.
What’s a main risk in crypto investing for those who don't do their own research?
Extreme volatility and scams like pump-and-dumps.
When bands widen, what does it mean?
Volatility is increasing — big moves (Bulls or Bears) are coming.
What is a stop-loss and why do smart traders use it?
It automatically sells to limit loss if the price drops.
Why are diversification and real assets important in a portfolio?
They reduce risk and balance market volatility.
What’s the difference between monetary and fiscal policy?
Monetary = central bank controls rates; Fiscal = government spending and taxes
What was the main lesson from the FTX collapse?
Even big platforms can fail — always research and store crypto safely.
What’s the main difference between Fibonacci and Bollinger Bands?
Fibonacci shows where prices will likely bounce.
Bollinger Bands show when the market is stable or unstable.