Question: Construct a graph (using quarterly data) of the Australian dollar against the Chinese Yuan (CNY) for the five-year period 1 July 2016 to 30 June

Construct a graph (using quarterly data) of the Australian dollar against the Chinese Yuan (CNY) for the five-year period 1 July 2016 to 30 June 2020. For the month of July 2020 construct a daily graph

Highlight on the graphs the major peaks and troughs in the value of the AUD against the Chinese Yuan (CNY).

Discuss what caused each of the major peaks and troughs in the value of the Australian dollar against the Chinese Yuan (CNY). Ensure you include detailed research as part of your discussion. Whilst your research can come from a variety of sources, a requirement is that your research includes articles from the business press (The Australian Financial Review, for example) as articles in the business press will give a much fuller explanation of what is happening with exchange rates and why there are rises and falls.

Predict and discuss what you think the value of the AUD against the Chinese Yuan (CNY) will be at 31 December 2020.

Quarterly Data:

016 Price Open High Low Change % 14.233 13.6931 14.4081 13.4839 11.78% 4.744333 4.564367 4.8027 4.494633 0.039267 Q15 13.5396

July data

Date Price Open High Low Change % Jul 31, 202 4.9823 5.0422 5.0572 4.975 - 1.19% Jul 30, 202 5.0422 5.0307 5.0457 4.9901 0.18

Q16 Q15 Q14 Q13 Q12 Q11 Q10 09 Q8 Q7 Q6 Q5 Q4 Q3 02 01 Price Open High 14.233 13.6931 4.744333 4.564367 13.5396 14.0669 14.2688 13.0262 -11.52% 4.5132 4.688967 4.756267 4.342067 -0.0384 14.3574 4.7858 14.4301 14.6515 14.2616 1.40% 14.4997 4.833233 4.810033 4.883833 4.753867 0.004667 14.3428 4.780933 14.3606 14.3122 4.786867 4.770733 14.3882 14.4699 4.796067 4.8233 Change % 11.78% 14.4081 13.4839 4.8027 4.494633 0.039267 14.8779 15.0317 4.9593 5.010567 14.9408 14.8661 4.980267 4.955367 Low 14.6295 14.1828 4.8765 4.7276 15.4373 5.145767 14.4867 14.1256 1.21% 4.8289 4.708533 0.004033 14.6262 14.1008 4.8754 4.700267 15.216 14.5906 5.072 4.863533 0.12% 0.0004 -1.77% -0.0059 15.2118 14.6362 1.40% 5.0706 4.878733 0.004667 14.6887 14.2532 1.75% 14.5252 14.4478 4.841733 4.815933 4.896233 4.751067 0.005833 -2.19% -0.0073 14.7986 15.0587 15.2358 14.7575 -5.14% 4.932867 5.019567 5.0786 4.919167 -0.017133 15.1608 15.296 15.4593 15.0205 -2.59% 5.0536 5.098667 5.1531 5.006833 -0.008633 15.453 15.7106 15.2032 5.151 5.236867 5.067733 15.733 15.4993 15.9002 5.244333 5.166433 5.300067 15.8326 15.8275 16.1569 15.5255 0.04% 5.277533 5.275833 5.385633 5.175167 0.000133 -0.66% -0.0022 15.3432 4.81% 5.1144 0.016033 15.2541 15.3489 15.703 15.043 -1.99% 5.0847 5.1163 5.234333 5.014333 -0.006633 15.175 15.0182 15.4349 14.8954 3.23% 5.058333 5.006067 5.144967 4.965133 0.010767

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