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Which of these headlines is most likely to move a currency pair? U.S. Stocks Sink on Fed's Surprise Increase of Interest Rate Pharmaceutical Price Hikes Drive Dichotomy of Necessary vs. Excessive Hong Kong 'Firmly Committed' to Dollar Peg, John Tsang Says Home Price Inflation : Increasing the Attractiveness of U.S. Homes for Overseas Investors
Which of these headlines is most likely to move a currency pair? U.S. Stocks Sink on Fed's Surprise Increase of Interest Rate Pharmaceutical Price Hikes Drive Dichotomy of Necessary vs. Excessive Hong Kong 'Firmly Committed' to Dollar Peg, John Tsang Says Home Price Inflation : Increasing the Attractiveness of U.S. Homes for Overseas Investors
Acurrency pairis most likely to change in response to U.S. Stocks Sink as Fed's Surprise Increase ofInterest Rate. Thus, option (a) is correct.What is a currency pair?In theforeignexchangemarket, a currency pair is a quote of onecurrency pairvalue to one unit of another currency. It is used in currency trading, which involves simultaneously buying one currency and selling another.When theFederal Reserve's rateof interest fluctuates, one of the major currencies in the world, the value of the U.S. dollar in respect to other currencies might also shift. Because of this, if the Fed shocks the market by increasing the interest rate, it could result in a hike in the intrinsic value of the US dollar, which would have an impact oncurrency pairingsthat include the US dollar.Therefore, option (a) is correct.Learn more about oncurrency pair, here:brainly.com/question/12913783#SPJ6...