Select a foreign currency you want to analyze versus the US dollar. Find the FX ticker symbol

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Question:

Select a foreign currency you want to analyze versus the US dollar. Find the FX ticker symbol for the currency.

Step 2

Perform your research. Go to a website such asXEor Bloomberg that has charting capabilities for the currency selected versus the US dollar. Even a search in Google for the name of the currency exchange rate (such as searching "China currency exchange rate") can be done to view a chart.

Decide on a five-year period that you'll want to analyze. Record the currency exchange rate over the five years showing the "significant" points in time such as:

The starting point for the five-year period
The high points
The low points
Any "relatively" major ups and downs in the exchange rate
The ending point for the five-year period

Be sure to save the web address, as it will be used as one of the citations required later on in your Works Cited page.

Step 3

Once you havethe exchange rates for the five-year period, research to formulate an opinion as to why the exchange rate fluctuated over that period.

Using your knowledge of Macroeconomics, research the economics of the country selected (such as GDP figures, supply/demand, housing, and labor, just to name a few of the economic concepts that you've learned about) and the events (such as political events, natural or unnatural disaster events, war events) that had an effect on the economy of the country.

Do the same research for the economics of the United States during that five-year period.