forex(外汇).ppt

depreciation The dollars depreciation makes major commodities such as gold and oil more expensive, and reduces the wealth of countries and companies that hold dollar. 百分之0.11是这个货币从１２月２日以来最大幅度的贬值． The 0.11 percent depreciation was the currencys biggest since Dec. 2. appreciate verb [I] to increase in value: 在最近的两年内，我们房子的价值上升50%。 The value of our house has appreciated by 50% in the last two years. Our house has appreciated (in value) by 50% in the last two years. appreciation noun [U] Still, “higher inflation or a protracted（延长的） depreciation of the US dollar could cause the PBOC to step up the appreciation of the renminbi, it said. 最近房产的价值上升了一点儿。 There has been a little appreciation (= increase) in the value of property recently. A. Fluctuations B.resume C. revaluation D. allocated E. deliver F. liquid G. speculated H. settled I. appreciation The Chinese currency yesterday strengthened to below 8 against the US dollar the first time since last July’s _______. Many of the outlet’s clients who had previously ________ on foreign currencies have now turned to gold investments. A. Fluctuations B.resume C. revaluation D. allocated E. deliver F. liquid G. speculated H. settled I. appreciation A currency?basket is commonly used in contracts as a way of avoiding (or minimizing) the risk of currency __________. The majority retail dealers trade the seven most ________ currency pairs in the world. EUR/USDUSD/JPYUSD/CHFGBP/USDAUD/USDNZD/USDUSD/CAD  A. Fluctuations B.resume C. revaluation D. allocated E. deliver F. liquid G. speculated H. settled I. appreciation The dollar is likely to __________ its downward slide after peaking in July. In the spot forex market, trades must be _________ within two business days. If a trader sells a certain number of currency units on Wednesday, he or she must ________ an equivalent number of units on Friday. A. Fluctuations B.resume C. revaluation D. allocated E. deliver F. liquid G. speculated H. settled I. appreciation SDRs