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XIII NISM Series XIII
Medium

A trader believes EURUSD will move from 1.18 to 1.30 in 2 months. How to execute this view using EURINR and USDINR futures?

Practice question from NISM Series XIII for SIF - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    Long EURINR

  2. B

    Short EURINR

  3. Long EURINR, Short USDINR

    Correct answer

  4. D

    Short EURINR, Long USDINR

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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