Go to the "Treasury Bulletin" reports at https://www.fiscal.treasury.gov/reports-statements/treasury-bulletin/current.html and find the latest information available on the monthly foreign currencies holdings of large foreign exchange market parpticipants. Click on " "Foreign Currency Positions." This will download a file containing the "Monthly Report of Major Market Participants" to your computer.

1. Calculate the net foreign exchange exposure of U.S. banks to the Canadian dollar, Japanese yen, Swiss franc, British pound, and the euro using the following steps. For example, to calculate the net exposure to the Canadian dollar, go to TABLE FCP-I-2, find the most recent data for 2022-June, do the following math: Column (1) + Comlumn (3) - Column (2) - Column (4) + Column (9). -Net Foreign Exchange Exposure:

Canadian dollar:

Japanese yen:

Swiss franc:

British pound:

Euro:

2. What do the values say about the foreign exchange exposure of U.S. banks to these currencies? Will the U.S. banks profit when those foreign currencies go up or go down against the U.S. dollar?