Table of Contents
Goal
The purpose of this assignment is to understand the factors affecting the exchange rates.
Post
Instructions
Please go to then click on Market Tab and select FX for Currencies. Pick a currency and find the exchange rate (please include the date for the exchange rate that you select in your answer). Is the exchange rate up or down from the previous week or month (you can find the change in exchange rate for different periods using the chart tab)? Then read the recent headlines for that currency and explain the reasons for the change in the exchange rate. You must also use the determinants of exchange rates information you learned in Chapter 18.
Note: You can find the current headlines for the chosen exchange rate on the price chart page. If there are no headlines, you can go to other credible sources for current news.
Here are some other websites you can use to get the current news on currencies.
Daily FX
Financial Times
Bloomberg
USFOREX News
Yahoo
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