Table 1: Foreign currency Forecasts: Source NAB September 28, 2020 Exchange rate forecast Mar 21 Jun 21 Sep 21 Dec 21 Mar 22 Jun 22 Sep 22 0.14 0.70 OTT D.BD AUD/USD NED/USD USDUPY TO 0.79 9 0.72 191 100 100 9 101 122 1.23 1.25 127 1.28 1.30 131 1.40 140 145 141 1.48 091 0.91 0.31 0.91 0:52 0.91 091 1.2 LT 126 1.25 1.25 EUR USD GBPUSD USDICHE USD CAD USD CNY Australian Cross Rates MUDINZO AUDUPY G.TO 6.55 5.50 6.45 6:40 6.35 3D 1.13 1.13 113 112 111 112 1.11 111 76 78 77 77 78 78 0.61 0.61 0.61 0.62 0.62 Dul 061 AUD/EUR AUD GBP 0.55 0.54 0.54 0.54 0.67 0.69 Q.TO 0.71 0.71 0.72 0.73 0.73 AUDCHF AUD CAD AUDINY 1.00 5.04 5.03 5.05 504 5.06 5.04 Effective 28 September 2020 You are given foreign currency forecasts for a number of currency pairs in Table 1. You are a forex trader and wish to use the forecasts for September 2021 to make a profit. Required (a) (i) Obtain spot rates for five currency pairs chosen from those listed in table 1. Please specify the date and time at which you obtained the quotes. (5 marks) ii)) Which currency pairs indicate profit opportunities if you buy at the spot rate indicated in your answer a) and sold at the predicted rate shown in table 1? (3 marks) iii) Which currency pair gives the highest rate of return? (2 marks) blo Obtain forvard rates for five chosen currency noirs from table with a maturity of Santomber Table 1: Foreign currency Forecasts: Source NAB September 28, 2020 Exchange rate forecast Mar 21 Jun 21 Sep 21 Dec 21 Mar 22 Jun 22 Sep 22 0.14 0.70 OTT D.BD AUD/USD NED/USD USDUPY TO 0.79 9 0.72 191 100 100 9 101 122 1.23 1.25 127 1.28 1.30 131 1.40 140 145 141 1.48 091 0.91 0.31 0.91 0:52 0.91 091 1.2 LT 126 1.25 1.25 EUR USD GBPUSD USDICHE USD CAD USD CNY Australian Cross Rates MUDINZO AUDUPY G.TO 6.55 5.50 6.45 6:40 6.35 3D 1.13 1.13 113 112 111 112 1.11 111 76 78 77 77 78 78 0.61 0.61 0.61 0.62 0.62 Dul 061 AUD/EUR AUD GBP 0.55 0.54 0.54 0.54 0.67 0.69 Q.TO 0.71 0.71 0.72 0.73 0.73 AUDCHF AUD CAD AUDINY 1.00 5.04 5.03 5.05 504 5.06 5.04 Effective 28 September 2020 You are given foreign currency forecasts for a number of currency pairs in Table 1. You are a forex trader and wish to use the forecasts for September 2021 to make a profit. Required (a) (i) Obtain spot rates for five currency pairs chosen from those listed in table 1. Please specify the date and time at which you obtained the quotes. (5 marks) ii)) Which currency pairs indicate profit opportunities if you buy at the spot rate indicated in your answer a) and sold at the predicted rate shown in table 1? (3 marks) iii) Which currency pair gives the highest rate of return? (2 marks) blo Obtain forvard rates for five chosen currency noirs from table with a maturity of Santomber