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Exchange Rate Movements

Exchange Rate Movements

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Title: Exchange Rate Movements

Essay Details:

Subject: Business

Author: James A

Date: November 9, 2013

Level: University

Grade: A

Length: 8 / 2373

Essay text:

Like any other free market, it can be modeled by the demand and supply graph, as seen above in Figure 1.2. QUT Power Point Slide, Module 8, Tommy Tang, 2007_2 Fluctuations in the foreign exchange market occur from a change in either the demand or the supply for that particular currency, thus changing the price of the exchange rate. The reasons behind the changes in supply and demand will be analysed for the four major movements noted in the exchange rate of the AUD/USD over the past eighteen months. The first movement that will be analysed is the major up trend that started around the end of June 2006 and continued to trend until approximately August of 2007...

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