n NISM Certifications
NSM General NISM
Medium

At start: EURUSD 1.75, GBPUSD 1.90; at end: EURUSD 1.7810, GBPUSD 1.88. What best describes price movement?

Practice question from NISM Series I - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    EUR weakened vs USD

  2. GBP weakened vs USD

    Correct answer

  3. C

    USD weakened vs GBP

  4. D

    USD strengthened vs EUR

Why this is the answer

EURUSD rose → EUR strengthened. GBPUSD fell → GBP weakened.

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