ACI Operations Certificate challenging 3I0-013 Question # 220 Topic 11 Discussion

ACI Operations Certificate challenging 3I0-013 Question # 220 Topic 11 Discussion

3I0-013 Exam Topic 11 Question 220 Discussion:
Question #: 220
Topic #: 11

If the EUR/USD is quoted to you as 1.3550-53, what does this price represent?


A.

EUR per USD


B.

USD per EUR


C.

The interest rate differential between EUR and USD


D.

The fact that one USD is worth more than one EUR


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