BMC CURRENCIES FINAL PAPER 2026
COMPLETE ANSWERS VERIFIED
◉ Which of the following important U.S. economic indicators is only
available on a quarterly basis? Answer: GDP
◉ Which economic indicator is most directly linked to
unemployment? Answer: nonfarm payrolls
◉ Here is the economic calendar for the UK for august 2013.
Examine indicators like PMI,...... Answer: Above expectations
◉ This chart was captured in mid-2014. At that point in time, which
of the following terms..... Answer: Deceleration
◉ How have economic forecasts for this county evolved? Answer:
Minimal Change
◉ These charts show data for four countries as of early 2016. For
each country, the purple line.... Answer: Russia
,◉ What is the main reason that investment banks create estimates
of economic indicators? Answer: To know when specific economic
data points are a positive or negative surprise.
◉ Which of the following is the biggest pitfall of economic
indicators? Answer: They do not consistently presage turning points.
◉ Here is a chart displaying estimates of the initial jobless claims
indicator, one of the main unemployment.... Answer: 260
◉ Which country is the fourth biggest importer and exporter?
Answer: Japan
◉ In 1994, the Mexican peso declined against the US dollar during
so-called "Tequila Crisis.".... Answer: Both countries had large dollar-
denominated debts
◉ Using the chart given, how many NZD can you buy with 100 AUD?
Answer: 107.89
◉ Allison lives in America and has just retired. It is early 2016.....
Answer: Norway
, ◉ Review the currency pair charts for the Barbadian dollar agains
the Jamaican dollar...... Answer: Hong Kong dollar against the
Macanese pataca
◉ Which of the following is not an example of a failed peg? Answer:
Hong Kong dollar against the U.S. dollar in 1997.
◉ Use the cart below to answer the question. How many Danish
crown (DKK) will buy 100 (JPY) Answer: 5.360
◉ According to the Big Mac index screen, which of the following four
countries' currency is the most undervalued? Answer: China
◉ What generally happens when a central bank unexpectedly
increases interest rates? Answer: The currency strengthens.
◉ Which driver weakened the Swiss franc? Answer: A surprise
change in inflation expectations
◉ What does the Big Mac index show? Answer: How currencies may
be overvalued or undervalued.
COMPLETE ANSWERS VERIFIED
◉ Which of the following important U.S. economic indicators is only
available on a quarterly basis? Answer: GDP
◉ Which economic indicator is most directly linked to
unemployment? Answer: nonfarm payrolls
◉ Here is the economic calendar for the UK for august 2013.
Examine indicators like PMI,...... Answer: Above expectations
◉ This chart was captured in mid-2014. At that point in time, which
of the following terms..... Answer: Deceleration
◉ How have economic forecasts for this county evolved? Answer:
Minimal Change
◉ These charts show data for four countries as of early 2016. For
each country, the purple line.... Answer: Russia
,◉ What is the main reason that investment banks create estimates
of economic indicators? Answer: To know when specific economic
data points are a positive or negative surprise.
◉ Which of the following is the biggest pitfall of economic
indicators? Answer: They do not consistently presage turning points.
◉ Here is a chart displaying estimates of the initial jobless claims
indicator, one of the main unemployment.... Answer: 260
◉ Which country is the fourth biggest importer and exporter?
Answer: Japan
◉ In 1994, the Mexican peso declined against the US dollar during
so-called "Tequila Crisis.".... Answer: Both countries had large dollar-
denominated debts
◉ Using the chart given, how many NZD can you buy with 100 AUD?
Answer: 107.89
◉ Allison lives in America and has just retired. It is early 2016.....
Answer: Norway
, ◉ Review the currency pair charts for the Barbadian dollar agains
the Jamaican dollar...... Answer: Hong Kong dollar against the
Macanese pataca
◉ Which of the following is not an example of a failed peg? Answer:
Hong Kong dollar against the U.S. dollar in 1997.
◉ Use the cart below to answer the question. How many Danish
crown (DKK) will buy 100 (JPY) Answer: 5.360
◉ According to the Big Mac index screen, which of the following four
countries' currency is the most undervalued? Answer: China
◉ What generally happens when a central bank unexpectedly
increases interest rates? Answer: The currency strengthens.
◉ Which driver weakened the Swiss franc? Answer: A surprise
change in inflation expectations
◉ What does the Big Mac index show? Answer: How currencies may
be overvalued or undervalued.
