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ACI

3I0-012 · Question #694

If you sell USD 3-month forward to a client against EUR, what should you do to hedge your position?

The correct answer is D. Any of the above. See the full explanation below for the reasoning.

Question

If you sell USD 3-month forward to a client against EUR, what should you do to hedge your position?

Options

  • ABuy USD spot, and buy and sell a 3-month EUR/USD FX swap
  • BSell EUR/USD in the spot market, borrow EUR for 3 months and lend USD for 3 months
  • CSell a 3-month EUR/USD outright forward
  • DAny of the above

How the community answered

(21 responses)
  • A
    14% (3)
  • B
    10% (2)
  • C
    5% (1)
  • D
    71% (15)

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