W Canvas Question 47 1 pts Suppose the current spot rate for Japanese Yen is $0.0125. The US inflation rate is expected to rise compared to the Japanese inflation rate. If the spot rate for Japanese Yen remains at $0.0125, it will lead to an: Excess supply of Japanese yen in the FX market Excess demand for Japanese yen in the FX market Question 48 1 pts A currency speculator expects the spot rate of EUR to change from USD 1.00 to USD 1.10 in one year. Assume the speculator has access to credit lines of USD 10.000.000 in the US and EUR 10,000,000 in Europe. The annual borrowing and lending rates are 3% in US and 2% in Europe. In order for the speculator to take advantage from the expected spot rate change in EUR, it should: borrow in USD and invest in EUR borrow in EUR and invest in USD 1 pts Question 49 TEUR to change from USD 100 to USD 1.10 in one year Assume the speculator has access to A currency speculator expects the spot