Question
you will collect the daily exchange rates (spot rate) of dollar per euro and Japanese yen per dollar, ($/ and /$), for the period of
you will collect the daily exchange rates (spot rate) of dollar per euro and Japanese yen per dollar, ($/ and /$), for the period of 2/8/2021 to 02/26/2021, totally 3 weeks. The Wall Street Journal,wsj.com,provides the data archive we need for this project.
1. The excel worksheet for the daily exchange rates of dollar per euro ($/) and yen per dollar (/$) over the project period, and the data you collect/report includes the date and the exchange rates. The report covers three weeks from Feb. 8 to Feb 26.
2. Two charts are included in the report, one for U.S. dollar per euro and the other for Japanese yen per U.S. dollar, that report the trends of the daily exchange rate movements starting from Feb. 8, 2021 to the last day of the reporting period. (feb 26) Each chart shall present one curve; x-axisis the date whiley-axisis the value of the exchange rate. Make sure the chart reports the exchange rate always starting onFeb. 8 (2/8)
3, 3. An analysis and a summary about the exchange rate movement in recent three-week period, i.e., what have been happening in the financial markets during the last 15 trading-day period that caused the value of the currency changed relative to the other currency,orthecurrencyappreciatedordepreciatedagainsttheother currency. One page analysis is required. The following are the questions you could consider covering in your analysis: a. What is the tendency of the exchange rate movement you are observing lately? That is, is US dollar appreciating or depreciating against Euro or Japanese Yen? B, What have been happening lately in the markets that drives the change of the currency value? c. What are the impacts of lately events to the value of the currencies you are studying (that may cause the depreciating or appreciating of the currencies you are observing)? The WSJ news/reports shall be used to explain your analysis. d. Comments and/or thoughts you would like to address. class.Remember to list the completed citation of the articles you have read or quoted in your analysis.4. A reference list with current news/reports/articles from Wall Street Journaland other financial presses
https://www.wsj.com/market-data/currencies/exchangerates
Step by Step Solution
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There are 3 Steps involved in it
Step: 1
To complete the finance project as described follow these steps 1 Data Collection and Excel Worksheet Collect daily exchange rates for USDEUR and JPYUSD from 282021 to 2262021 Create an Excel workshee...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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