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If I Say That I Have "Bought and Sold" EUR/USD

Question 345

Multiple Choice

If I say that I have "bought and sold" EUR/USD in an FX swap, what have I done?


A) Bought EUR and sold USD spot, and sold EUR and bought USD forward
B) Bought USD and sold EUR spot, and sold USD and bought EUR forward
C) Synthetically taken a USD loan in exchange for making a EUR loan with the same counterparty
D) Sold EUR/USD spot and bought back EUR/USD forward

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