Assignment:
Q1. Find the latest quotes for the euro, pound, and yen. By how much did these currencies rise or fall against the dollar in the last day?
Q2. Have emerging market currencies generally risen or fallen in the past day? You can use the Emerging Markets Companion for these data or the IMF website.
Q3. What was the volume of forward contracts traded in the past year? You can use data from the BIS Annual Report to answer this question.
Q4. Find the currency cross rates provided by Bloomberg for the euro/pound and euro/yen. Using these rates, calculate what the pound/yen cross rate should be. Compare your calculated pound/yen cross rate to the one reported by Bloomberg. Are the two cross rates the same?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.