Question: The table below shows a point forecast for 2 different currencies. Yen Actual Euro Actual Period Forecast Yen Value Forecast Pound Value 1 $ 0

The table below shows a point forecast for 2 different currencies.
Yen Actual Euro Actual
Period Forecast Yen Value Forecast Pound Value
1 $0.0090 $0.0091 $1.17 $1.21
20.00910.00931.19 $1.15
30.00940.00911.211.22
40.00950.00951.211.22
(1) What was the forecast for the yen?
(2) What was the forecast for the euro?
(3) Which forecast was more accurate?

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