Interns - Week One - August

40 Questions | Total Attempts: 37

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Internship Quizzes & Trivia

Questions and Answers
  • 1. 
    In which year did the FED last raise interest rates?
    • A. 

      2017

    • B. 

      2002

    • C. 

      2016

    • D. 

      2015

  • 2. 
    What was the impact of 'Brexit' on GBP/USD on the 24th June 2016?
    • A. 

      It went up because of Pound strength

    • B. 

      It went up because of Dollar weakness

    • C. 

      It went down because of Pound weakness

    • D. 

      No reaction

  • 3. 
    Article 50 allows up to how many years of negotiations for post-exit terms?
    • A. 

      6 months

    • B. 

      2 years

    • C. 

      1 year

    • D. 

      1.5 years

  • 4. 
    What is the inflation target for the majority of major developed countries?
    • A. 

      0.5%

    • B. 

      1%

    • C. 

      2%

    • D. 

      1.5%

  • 5. 
    Which of these is not a Central Bank Monetary Policy Tool?
    • A. 

      Interest Rates

    • B. 

      Communication

    • C. 

      Quantitative Easing

    • D. 

      Fiscal Policy

  • 6. 
    A 'Hawk' is someone who prefers low rates? True or False?
    • A. 

      False

    • B. 

      True

  • 7. 
    Select the correct statements from below about Support and Resistance
    • A. 

      Support is an area in the market where there have been more buyers than sellers

    • B. 

      Resistance is an area in the market where there have been more buyers than sellers

    • C. 

      Resistance is an area in the market where there have been more sellers than buyers

    • D. 

      Support is an area in the market where there have been more sellers than buyers

    • E. 

      When an area of Support is broken it turns into Resistance

    • F. 

      When an area of Resistance is broken it turns into Support

  • 8. 
    When volume is low, the market is more likely to be in a ranging or momentum market?
    • A. 

      Ranging

    • B. 

      Momentum

  • 9. 
    Out of the following - which Moving Average gives more weight to the latest data
    • A. 

      Simple Moving Average

    • B. 

      Linear Weighted Moving Average

    • C. 

      Exponential Moving Average

  • 10. 
    Should you pay any attention to previous day's Pivot Points?
    • A. 

      Yes

    • B. 

      No

    • C. 

      Only if they are close to where market is trading

  • 11. 
    Which statement is true about the 'Classic Trade'
    • A. 

      When entering the 'Classic', you enter just before the level breaks

    • B. 

      When entering the 'Classic', you wait for the level to break and then retrace back into the zone before getting in

    • C. 

      As soon as the level breaks you enter

  • 12. 
    A Trend Line has to touch how many points?
    • A. 

      1

    • B. 

      2

    • C. 

      3

  • 13. 
    What is the relationship between Bond Yield and Price?
    • A. 

      Positively correlated

    • B. 

      Negatively correlated

    • C. 

      No correlated

  • 14. 
    Should you always use a 'Stop Loss'?
    • A. 

      Only when trading the news

    • B. 

      Only when you have gone long in the market

    • C. 

      Only if you hold the trade overnight

    • D. 

      Yes

  • 15. 
    What is correct in regards to counter trending? Tick two.
    • A. 

      Traders should only hold the trade for a short period of time, as the trend is likely to continue

    • B. 

      Traders should never counter trend

    • C. 

      Traders should be aware of going against the majority and that there is higher risk

    • D. 

      Traders can only counter trend in ranging markets

  • 16. 
    Which one of these statements is not correct?
    • A. 

      US 10-Year cash market open is 1:20pm

    • B. 

      US equity cash market open is at 2:30pm (Unless clocks change in the UK)

    • C. 

      Volume in Oil increases on average after 2pm

    • D. 

      Futures close at 5pm

  • 17. 
    Often when we receive economic data, a number of figures are released in quick succession. Traders will be required to absorb large amounts of information and this can affect a trader's ability to react. In such cases as these, tick TWO of the following options which best reflect the correct trading procedure
    • A. 

      Ignore prior movement

    • B. 

      Wait until all data is released

    • C. 

      Decide on which figure has the most importance

    • D. 

      Trade the first figure

  • 18. 
    In terms of a widespread global economic recession would the USD appreciate or depreciate in value against most other currencies?
    • A. 

      Minimal effect

    • B. 

      Appreciate

    • C. 

      Depreciate

  • 19. 
    What reaction would you expect to see in Oil if both eur/usd and gbp/usd go down due to large dollar strength?
    • A. 

      Oil would decrease in price

    • B. 

      Oil would increase in price

    • C. 

      Very little reaction

  • 20. 
    There is a 'Risk On - Risk Off' relationship between the S&P 500 and the US 10-year government bond
    • A. 

      Yes

    • B. 

      No

  • 21. 
    A central bank says they will do a full scale Quantitative Easing programme. Which one of these following reactions is correct?
    • A. 

      Currency Up, Bonds Up and Equities Down

    • B. 

      Currency Up, Bonds Up and Equities Up

    • C. 

      Currency Down, Bonds Down and Equities Down

    • D. 

      Currency Down, Bonds Up and Equities Up

    • E. 

      Currency Up, Bonds Down and Equities Up

  • 22. 
    A solid green line all the way across the Trading Ladder signifies the high of the day (HOD), what does a solid red line all the way across that ladder signify?
    • A. 

      Moving Average

    • B. 

      Resistance Level

    • C. 

      Low of the Day

  • 23. 
    Which is the 2nd biggest economy in the world?
    • A. 

      China

    • B. 

      United Kingdom

    • C. 

      Japan

    • D. 

      The United States

  • 24. 
    Which statement is true about Prospect Theory?
    • A. 

      A trader is conscious of the equal value of money over time

    • B. 

      A trader will let profits run and book losses early

    • C. 

      A trader's satisfaction in response to profits is on a diminishing scale

    • D. 

      Losses are felt to the same degree as gains

  • 25. 
    Is Janet Yellen a Dove or a Hawk?
    • A. 

      Dove

    • B. 

      Hawk

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