- Construct a graph (using quarterly data) of the Australian dollar against the Chinese Yuan (CNY) for the five-year period 1 July 2016 to 30 June 2020. For the month of July 2020 construct a daily graph
- Highlight on the graphs the major peaks and troughs in the value of the AUD against the Chinese Yuan (CNY).
- Discuss what caused each of the major peaks and troughs in the value of the Australian dollar against the Chinese Yuan (CNY). Ensure you include detailed research as part of your discussion. Whilst your research can come from a variety of sources, a requirement is that your research includes articles from the business press (The Australian Financial Review, for example) as articles in the business press will give a much fuller explanation of what is happening with exchange rates and why there are rises and falls.
- Predict and discuss what you think the value of the AUD against the Chinese Yuan (CNY) will be at 31 December 2020.
Quarterly Data: