According to The National Post, the spot exchange rate for the Euro is Euro $1=$$$1\mathrm{.}30.$ The six$-$month forward exchange rate is Euro $1=$$$1\mathrm{.}37.$ Based on these quotes, which of the following statements is$/$are true:

The Euro is selling at a discount relative to the dollar.

II$.$ The Euro is selling at a premium relative to the dollar.

III. The dollar is selling at a discount relative to the Euro.

IV$.$ The dollar is selling at a premium relative to the Euro.

I only

$$ II and IV only

$$ I and III only

$$ II and III only