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Country in U.S. $ Per U.S. $ Tuesday Monday Tuesday Monday Britain (Pound) 62,500 1.6000 1.6100 0.625 0.6211 1 Month Forward 1.6100 1.6300 0.6211 0.6173

Country in U.S. $ Per U.S. $
Tuesday Monday Tuesday Monday
Britain (Pound) 62,500 1.6000 1.6100 0.625 0.6211
1 Month Forward 1.6100 1.6300 0.6211 0.6173
3 Months Forward 1.6300 1.6600 0.6173 0.6024
6 Months Forward 1.6600 1.7200 0.6024 0.5814
12 Months Forward 1.7200 1.8000 0.5814 0.5556
Euro 62,500 1.2000 1.2000 0.833333 0.833333
1 Month Forward 1.2100 1.2100 0.82645 0.82645
3 Months Forward 1.2300 1.2300 0.813008 0.813008
6 Months Forward 1.2600 1.2600 0.793651 0.793651
12 Months Forward 1.2900 1.3200 0.775194 0.7575758

Using the table above, market participants expect _______ to _______ in the future.

Group of answer choices

Euro; appreciate

USD; appreciate

British pound; depreciate

None of the above

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