UTS International Finance: CNY Currency Trading Analysis Report
VerifiedAdded on  2022/10/04
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AI Summary
This report presents a detailed analysis of a currency trading strategy focused on the Chinese Yuan (CNY). It outlines the conversion of Australian Dollars (AUD) to CNY and the diversification of a simulated currency portfolio. The analysis incorporates various macroeconomic factors such as interest rates, GDP growth, and import/export ratios, which influence exchange rate movements. The report documents trading decisions, including buying CNY by selling AUD, driven by factors like easing trade tensions between the US and China. The trading activities and their motivations are meticulously recorded, including the conversion rates and quantities. The report also reflects on the importance of considering business and macroeconomic factors in exchange rate movements, concluding with the determination of net profit or loss from the trading strategy. References from sources like Pound Sterling Live and FocusEconomics are included to support the analysis. The appendix provides a detailed breakdown of each trading day, including trading times, currency conversions, exchange rates, and trading motivations.
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