Taking the information determine if the short/long position creates a profit and which currency increased in value relative to the other currency. Given: Must use $100,000 usd for each purchase.
|
EUR/USD |
GBP/USD |
USD/JPY |
USD/CHF |
USD/CAD |
September 10 |
1.1280 |
1.5446 |
120.61 |
.9733 |
1.3254 |
October 22 |
1.1106 |
1.5394 |
120.69 |
.9732 |
1.3089 |
A. EUR/USD:
B. GBP/USD:
C. USD/JPY:
D. USD/CHF:
E. USD/CAD: