Please address the following in your initial post:

1. Explain how you will use the spot market for your business. Will you possibly need the forward market? Explain.
2. Find the historical daily exchange rates for the foreign currency of concern for the last five (5) weeks. Build a time-series graph of the exchange rate fluctuations over this time (x-axis: Dates; y-axis: exchange rates) and include it in your initial post (the graph can be built in Excel or in any statistical package of your choice, then its screenshot is to be added to the post). Include summary statistics for this data (mean, median, standard deviation, minimum, maximum). What is the mean percentage change over these weeks?
3. Discuss whether there appears to be a trend over the last five weeks. What key factors have likely affected the value of the foreign currency of concerns over this period?
4. Discuss your expectations for the currency value in the next 5 weeks.

1. Explain how you will use the spot market for your business. Will you possibly need the forward market? Explain. 2. Find the historical daily exchange rates for the foreign currency of concern for the last five (5) weeks. Build a time-series graph of the exchange rate fluctuations over this time ( x-axis: Dates; y-axis: exchange rates) and include it in your initial post (the graph can be built in Excel or in any statistical package of your choice, then its screenshot is to be added to the post). Include summary statistics for this data (mean, median, standard deviation, minimum, maximum). What is the mean percentage change over these weeks? 3. Discuss whether there appears to be a trend over the last five weeks. What key factors have likely affected the value of the foreign currency of concerns over this period? 4. Discuss your expectations for the currency value in the next 5 weeks