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Speculators in the foreign exchange market who sell a currency expecting its value to fall so they can buy it back cheaper later and make a profit are known as:

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Foreign exchange brokers
2Arbitrageurs
3Bulls
4Bears✓

Correct answer

Bears

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Speculators in the foreign exchange market who sell a currency expecting its value to fall so they can buy it back cheaper later and make a profit are known as:

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Speculators in the foreign exchange market who sell a currency expecting its value to fall so they can buy it back cheaper later and make a profit are known as:

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