In EViews, open the ‘currencies.wf1’ file that will be discussed in detail in the following chapter. Determine whether the exchange rate series (in their raw levels forms) are non-stationary. If that is the case, test for cointegration between them using both the Engle–Granger and Johansen approaches. Would you have expected the series to cointegrate? Why or why not?

AppendixLO1