Question
A currency trader with USD1,000,000 that available for trading, he plan to buy/sell currency between 10/09/2019 to 12/09/2019. He have an option to use any
A currency trader with USD1,000,000 that available for trading, he plan to buy/sell currency between 10/09/2019 to 12/09/2019. He have an option to use any one of the following currency pairs:
EUR/USD
GBP/USD
SDG/USD
AUD/USD
Make a critical analysis on which one of the above currency pairs you will use to trade.
In doing so, you are required to used Bloomberg terminal software OR any others FX currency Analytics data functions/software to gather and analyse information and data in making your decision.
Requirement:
Using the FX function Portfolio & Risk Analytics solution, Backtesting your currency trade ideas to see how your currency investment strategy would have performed historically.
Print the above chart and explain your above decision and strategy.
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
Analysis of Currency Pairs Using the FX function Portfolio Risk Analytics solution Backtesting my currency trade ideas to see how my currency investment strategy would have performed historically EURU...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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