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Task (4): predict the AUD/EUR exchange rate on 31 December2021 by developing your own theoretical model (combining any factors that you deem as important in

Task (4): predict the AUD/EUR exchange rate on 31 December2021 by developing your own theoretical model (combining any factors that you deem as important in determining the AUD/EUR exchange rate). You will need to estimate an econometric model to receive credit for this part. You will need to provide justification for your model.

Task (5) discuss any other qualitative and quantitative factors that may affect the prediction of AUD/EUR exchange rate in Task (4). Please explain why you did not include these factors in your model in Task (4).

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