Question
Analyze what will happen to ASU/USD exchange rates in the next 3-6 months. required to analyse ASU/USD exchange rates based on the economic indicators of
Analyze what will happen to ASU/USD exchange rates in the next 3-6 months. required to analyse ASU/USD exchange rates based on the economic indicators of the respective countries.
The indicators include
1relative interest rates, 2relative inflation rates,3 relative growth rates, 4government intervention, 5exchange rate expectations.
also use other factors such thecurrent global health crisis (COVID-19 pandemic), geo-political climate, and latest newsthat may affect the exchange rate.
For news and market data, may accessEikon Online,a professional financial data platform used by industry practitioners and experts, or use professional magazines,newspapers and financial institutions website (e.g IMF, World Bank, OECD databases and the respective country's central bank website).
State clearly what you believe will happen to the currency pair of your choice. For example, if analysing AUD/USD and expect the exchange rate to go down, state that the AUD would be expected to depreciate against the USD.
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