Are the following correct:

1. If the current forward rate is above the current spot rate the exchange rate in one year will probably appreciate: True
2. The exchange rate follows a random walk in the short-run but not in the long-term: True.
3. EURO is the domestic currency and oil is always priced in USD. If a war happens in the Middle East, the foreign exchange market model will predict that the EURO-USD rate will fall: True
4. If the foreign money growth rate increases while the domestic money growth rate does not change then, the depreciation of the domestic currency increases in the short-run and more in the long-run: True
5. If the domestic money growth rate decreases while the foreign money growth rate does not change then, the depreciation of the domestic currency decreases in the short-run but returns to its original level in the long-run: True