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could you please explain with examples how can I (Obtain spot rates) for currency pairs including the specify the date and time at which you
could you please explain with examples how can I (Obtain spot rates) for currency pairs including the specify the date and time at which you obtained the quotes.
what formula I need to use to get the spot rate for currency.
e.g.
Table 1: Foreign currency Forecasts: Source NAB September 28, 2020 Exchange rate forecast Sep-21 Dec 21 Sep-22 0.11 0.78 0.80 0.72 0.66 300 300 100 122 1.30 0.91 127 125 6.55 650 630 AUD/USD NZDUSD USOUPY EUR USD GBP/USD USDICHE USD CAD USDINY Australian Cross Rates AUDNZD AUDUP AUD/EUR AUD GBP AUDICHE AUDICAD AUD CNY Effective 23 September 2009 112 76 78 77 77 78 78 78 0.61 0.11 0.73 S.OS 5.04 5.06 5.04 Question 1 (60 marks) You are given foreign currency forecasts for a number of currency pairs in Table 1. You are a forex trader and wish to use the forecasts for September 2021 to make a profit. Required (a) () Obtain spot rates for five currency pairs chosen from those listed in table 1. Please specify the date and time at which you obtained the quotes. (5 marks) Which one paire indicato profit annortunities IV but he not a dicated in our Table 1: Foreign currency Forecasts: Source NAB September 28, 2020 Exchange rate forecast Sep-21 Dec 21 Sep-22 0.11 0.78 0.80 0.72 0.66 300 300 100 122 1.30 0.91 127 125 6.55 650 630 AUD/USD NZDUSD USOUPY EUR USD GBP/USD USDICHE USD CAD USDINY Australian Cross Rates AUDNZD AUDUP AUD/EUR AUD GBP AUDICHE AUDICAD AUD CNY Effective 23 September 2009 112 76 78 77 77 78 78 78 0.61 0.11 0.73 S.OS 5.04 5.06 5.04 Question 1 (60 marks) You are given foreign currency forecasts for a number of currency pairs in Table 1. You are a forex trader and wish to use the forecasts for September 2021 to make a profit. Required (a) () Obtain spot rates for five currency pairs chosen from those listed in table 1. Please specify the date and time at which you obtained the quotes. (5 marks) Which one paire indicato profit annortunities IV but he not a dicated in ourStep by Step Solution
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