1. Please explain the difference between spot and forward exchange rates.

1. Find the spot exchange rate of the Mexican peso in terms of US dollars and also find the 6-month exchange rate of the Mexican peso in terms of US dollars

When answering this question, write the date when you found the data.

1. What does the market expect would happen to the Mexican peso in relation to the dollar in the next six months?
2. Explain why would the market expect this happen to the Mexican Peso? To answer this question, make use of theory and news articles from reputable sources.

1. Visit X-rates.com and look for the historical exchange rate between the US dollar and the Chinese Yuan (1 year) in terms of the number of Yuan a dollar can buy, attach the graph
2. What has happened to the US dollar? Be sure to provide a answer. Do not simply look at the beginning and end dates and say it has appreciated or depreciated. Break your answer into periods and see what has happened overall and in each period. Also, be sure to address what happened to this exchange rate from late December 2023 to now. At this point I seek no explanations or value judgments.
3. Explain the behavior of the Yuan-Dollar exchange rate from late December to today. Explain what factors may have affected the demand and supply for foreign currency.