Currency speculation takes place when
a) the exchange rate at which a foreign exchange dealer will convert one currency differs on a particular day.
b) the growth in a country's money supply exceeds the growth in its output, leading to price inflation.
c) the purchase of securities in one market are immediately resold in another to profit from a price discrepancy.
d) there is a simultaneous purchase and sale of a given amount of foreign exchange for two different value dates.
e) there is short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates.

e) there is short-term movement of funds from one currency to another in the hopes of profiting from shifts in exchange rates.

Explanation:

The act of getting, purchasing and then keeping the currency in the purpose of obtaining profit by selling it in higher value in the future is speculation of currency. In general understanding, currency speculation is the processes of buying and selling the currencies in order to make more profit than now. The currency speculation take places often in currency markets where contains businesses and traders or dealers being busy on this area. Currency speculation is also unique, relative to other prominent forms of investment, because traders typically buy or sell one currency relative to another.

a is the correct answer, tell me if im right

answer; ///i believe the correct   answer is (e) transformational;