Currently AUD/USD currency pairs have a quote of 0.7197-99 in Oanda trading platform. If you follow the analyst's recommendation to short Australian dollars, you need to enter a order in this currency pair. buy
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- When translating Acceletron’s fi nancial statements into US dollars, Redline is least likelyto use an exchange rate of USD per SGD:A . 0.671.B . 0.588.C . 0.654.Assume that you are a trader with Deutsche Bank. From the quote system on your computer terminal, you notice that Dresdner Bank is quoting €0.7536/$1 and Credit Suisse is offering SFr1.1802/$1. You learn that USB is making a direct market between the Swiss franc and the euro, with a current €/SFr quote of 0.6397. What €/SFr price will eliminate triangular arbitrage?CAN U PLEASEE HELP ME WITH THISS This assignment requires you to evaluate two exchange rates on Yahoo Finance; the CADCHF and the USDCHF.
- Moore has identified two markets to buy Euros: Market A Market B PB PA PB PA KES128/E KES 130 /E KES 132/E KES134/E Establish the locational arbitrage. Explain spatial arbitrageCurrent exchange rate (Feb 15, 2018) is .0090 $/Yen. You speculate the exchange rate will be .0087 $/Yen on Mar 15, 2018. You plan to make money in the currency exchange market through the 'Short-selling' method. In this case, the first step is you borrow ________. Group of answer choices Yen US$Calculate the cross rate between the EUR (the euro) and the INR (Indian rupee). Set it up as INR/EUR. The following is a list of available rates:USD 1.17/EURUSD 0.27/SAR SAR 4.38/EUR INR 64.4/USD Options are:EUR 17.388/INR EUR 0.0575/INR INR 75.348/EUR INR 17.388/EUR
- An Australian firm asks the bank for an AS/SFr quote because it received SFr and wants to change it to A$. A bank is quoting the following exchange rates against the US dollar for the Swiss franc and the Australian dollar: SFr/US$ = 1.4950-60 AS/USS = 1.5245-50 Calculate the cross ask rate for the A$/SFR by identifying the correct formula in the attached formula sheet. One of the following answers will be correct: a. 1.0201 b. 1.0213 c. 0.9813 d. 0.9803 Show your workings in the space provided as well as the correct answer. For example write your answer as follows in the space provided below: Spot ask rate (AS/SFR) = 1.4670/1.3980 = 1.0494A financial newspaper provided the following midpoint spot exchange rates. Compute all the cross exchange rates based on these quotes. ob 10 €:$ = 0.9119 llob oglč. 1192 ei alwe $:SFr = 1.5971 (2800 nopeu Siff to son salad bluoris W dingi) esitinimoqqo 198 17401 510 & pofito & and a szoqque d Sloup $:¥= 128.17You observe the following exchange rates at three different banks for the Australian dollar, Euro and New Zealand Dollar. X bank AUD 1.6650/EUR Y bank AUD 0.9213/NZD Z bank NZD 1.8955/EUR Assume you have AUD 1,000,000. Which of the following steps would you take to make a triangular arbitrage strategy? Note: the steps do not need to be in order. Tick all the steps that apply. A small penalty will be applied for each incorrect answer that is ticked. Sell AUD buy NZD Sell EUR buy AUD Sell AUD buy EUR Sell NZD buy EUR Sell NZD buy AUD There is no arbitrage opportunity in this case Sell EUR buy NZD
- The following exchange rates are available to you. (You can buy or sell at the stated rates.) Mt Fuji Bank ¥120.00/A$ Mt Rushmore Bank SF1.6000/A$ Mt Blanc Bank ¥80.00/SF Assume that you have SF10, 000,000. Can you make a profit via triangular arbitrage? If so, show the steps that you will follow and calculate the amount of profit in Swiss francs.Suppose you have the following spot exchange rates: USD/AUD 0.5300 AUD/EUR 1.6428 USD/EUR 0.8782 a) Calculate the US dollar profit (per 1 USD), if any, on a three-point arbitrage. b) Calculate AUD profit (per 1 AUD), if any, on a three-point arbitrage. c) How can you explain the answers in (1) and (2)?Spot Exchange Rate is GBP 1.83155 = 1 OMR (For Immediate Delivery). Instead of buying GBP immediately you can enter into a contract with the bank to deliver the currency after 6 months. The bank has quoted 6 months forward rate as GBP1.83355 = 1 OMR. (Home Currency is OMR, which is given as Indirect quotes).