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Considerthe three currency pairs:AUD/CNY,AUD/USDand EUR/AUD, where AUD stands for theAustralian dollar, CNY is the Chinese currencyYuan, EUR refers to euro, and USD fortheUS dollar Conduct

Considerthe three currency pairs:AUD/CNY,AUD/USDand EUR/AUD, where AUD stands for theAustralian dollar, CNY is the Chinese currencyYuan, EUR refers to euro, and USD fortheUS dollar

  1. Conduct an analysis oftherecentexchangevaluedynamicsof these three currency pairs(since January 2019)giventhe recentglobal events and the recent period ofhigh stressin world economies and markets(cite the precise factors and events), and assessthe impactsof the current COVID-19 pandemic andtheRussia-Ukraine Waron the movements of the above currency pairs. Provide citations and references.Maximum word limit:500 Words
  2. Provide in-text citations and credible references

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