Question
Discuss the factors that affect the supply and the demand of foreign exchange and thus affect USD/GBP exchange rate on 31 December 2021. *Apply 3-5
Discuss the factors that affect the supply and the demand of foreign exchange and thus affect USD/GBP exchange rate on 31 December 2021.
*Apply 3-5 factors (Supply Demand Model) by searching for news that predict the 3-5 factors, what factors that involved that caused rate to increase/decrease. Use news to convert into factor, demand or supply or both curve move, explain why GBP went down.
Should I focus more on UK's news, US's news or both?
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Managing in a Global Economy Demystifying International Macroeconomics
Authors: John E. Marthinsen
2nd edition
128505542X, 978-1305176157, 1305176154, 978-1285055428
