Hi there, I have a question from International Financial Management class, please help me. Thanks!

Carry trade (UIA) If you decide to seek the higher interest rate in available in USD but not covering the forward dollar receipts, how should you redesign your strategy? Assess the riskiness of this decision. There is a high expectation that the Fed would further increase interest rate later this year, how would the interest rate change affect the exchange rate and your profit from UIA