A dealer in British pounds who thinks that the pound is about to appreciate Mult

Question

A dealer in British pounds who thinks that the pound is about to appreciate
Multiple Choice
A. may want to widen his bid-ask spread by raising his ask price.
B. may want to lower his bid price.
C. may want to lower his ask price.
D. none of the options A dealer in British pounds who thinks that the pound is about to appreciate
Multiple Choice
A. may want to widen his bid-ask spread by raising his ask price.
B. may want to lower his bid price.
C. may want to lower his ask price.
D. none of the options
Multiple Choice
A. may want to widen his bid-ask spread by raising his ask price.
B. may want to lower his bid price.
C. may want to lower his ask price.
D. none of the options

Explanation / Answer

Option D. None of the above.

A dealer can only price the British pounds only based on the conditions in market and the prices at which competitors are selling and buying the Pounds. Thus A dealer can't have sole control over the british poun ask - bid price. Thus None of the above is the answer.

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