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Please go to http://cnbc.com& then click on Market Tab and select FX for Currencies. Pick a currency and find the exchange rate (please include the
Please go to http://cnbc.com& then click on Market Tab and select FX for Currencies. Pick a currency and find the exchange rate (please include the date for the exchange rate that you select in your answer). Is the exchange rate up or down from the previous week or month (you can find the change in exchange rate for different periods using chart tab)? Then read the recent headlines for that currency and explain the reasons for the change in the exchange rate. You must use the determinants of exchange rates information you learned in Chapter 10 as well as the information you gather from current news. Here are some other websites you can use to get the current news on currencies. Feel free to use any other source and cite your references. Daily FX http://www.dailyfx.com/ CNBC Currencies https://www.cnbc.com/currencies/c USFOREX News http://www.usforex.comews-commentary/weekly c Yahoo http://finance.yahoo.com/ Google finance https://www.google.com/finance
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