Pls write in 600 words and explain in details :

You are a financial analyst for Bird Good a fast-growing trading app for everyday people to buy and sell share options. The firm is interested in providing customers the opportunity to trade options globally in multiple currencies. They are looking to provide the best currency values for their customers when trading in foreign exchange so that they can still pass on leading exchange rates while making a small profit for each foreign exchange transaction. Being a firm within the financial industry, the owners believe they can use technology to help them with exchange rates to maximise profits. Using your knowledge of forecasting services suggest two potential strategies for them to manage exchange rates and choose your preferred option. In your answer make sure to justify your choice and use examples where appropriate.