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The table below shows a point forecast for 2 different currencies. Yen Actual Euro Actual Period Forecast Yen Value Forecast Pound Value 1 $0.0090 $0.0091

The table below shows a point forecast for 2 different currencies. Yen Actual Euro Actual Period Forecast Yen Value Forecast Pound Value 1 $0.0090 $0.0091 $1.17 $1.21 2 0.0091 0.0093 1.19 $1.15 3 0.0094 0.0091 1.21 1.22 4 0.0095 0.0095 1.21 1.22 (1) What was the forecast for the yen? (2) What was the forecast for the euro? (3) Which forecast was more accurate

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