Question: A. Based on the table below, the two month outright forward for a long USDCNY position is ? B. Based on the table below, the

A. Based on the table below, the two month outright forward for a long USDCNY position is ?

B. Based on the table below, the two month outright forward for a short USDCNY position is?

C. Based on the table below, the two month outright forward for a long AUDEUR position is?

D. Based on the table below, the two month outright forward for a short GBPINR position is?

E. Based on the table below, the two month outright forward for a short AUDEUR position is?


NOTE: In this question , think of yourself as the customer who has been offered the prices in table by a market maker and is working out the price of various trades

 

spot

2-month forward

 

bid

ask

bid

ask

USDCNY

6.8725

6.8800

338

348

GBPUSD

1.2321

1.2324

15

16

USDINR

68.0681

68.6481

53

55

AUDUSD

0.7778

0.7780

-35

-36

EURUSD

1.0678

1.0680

27

27

USDRUB

59.8675

59.8875

8010

8160

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