Assignment task:
Analysis of Analytical Information: In this section, you will discuss any analytical information you have sourced, such as charts or data, and provide an articulate explanation of how these charts explain the variation in the foreign exchange rate. Here are the steps to follow: a) Identify relevant analytical information: Look for charts or data that provide insights into the factors affecting the Canadian dollar's fluctuations during the specified period. Examples may include exchange rate charts, economic indicators, or commodity prices. b) Analyze the information: Examine the identified charts or data and analyze the patterns, trends, or correlations present. Look for any notable events or significant changes that align with the variance in the foreign exchange rate. c) Explain the variation: Provide a clear and concise explanation of how the identified charts or data support or explain the observed variance in the foreign exchange rate. Connect the dots between the events, activities, or factors you previously discussed and the analytical information. Use logical reasoning and evidence to support your explanation.