Analyzing Foreign Exchange and Investment

Every country has its own currency. The value of a country’s currency is directly related to its economics. Therefore, the value of each country’s currency is different. The question becomes, “How can countries and businesses do business with each other when the value of each country’s currency is different?” The answer is The Currency Exchange Rate. With the advent of the Internet, there has been an explosion in the Forex Market to the point where this market dwarves all other markets. The Forex Market (FX for short) is where currencies are bought and sold and a price is “fixed” on a moment by moment basis between the values of different currencies. This is known as the “currency exchange rate.” For example, as of this writing, $1 U.S. will get you $1.31 Canadian. This difference in the exchange rate means that the U.S. Dollar (the U.S. economy) is stronger than the Canadian Dollar (the Canadian economy) because for each U.S. Dollar, you get more Canadian Dollars. Conversely, for $1 U.S., you’ll only get $0.80 Pound Sterling or British Pound. The U.S. economy is weaker than England’s economy because for each U.S. Dollar you get less British Pounds. Project Instructions Choose one country from the following list: Japan UK (United Kingdom – England – Great Britain) Australia Canada South Korea This final project will require you to examine the FX currency of your choice from the list above versus the U.S. Dollar over any recent consecutive five-year period as to why the exchange rate fluctuated during that period. Writing Guidelines Use the following writing guidelines to complete and submit your paper: Using Microsoft Word or a Word-compatible program, include the following information at the top of the paper: Your Name Student ID Number Course Title and Number  Graded Project Number (the six-digit number found on your student portal) The paper will contain three parts: An Introduction The Main Body A Summary or Conclusion Your paper must be a minimum of five pages in length, including a Works Cited page. The submission will be double-spaced in a standard print font of size 12. Use a standard document format with one-inch margins. Do not use any fancy or cursive fonts. Be sure to use correct grammar, punctuation, and spelling. Use the tools available in Word or other software programs such as Grammarly to check and correct the English Composition. Citing Your Work: A minimum of five citations is required. When it comes to citing source material that isn’t your own, there are two parts to a citation. The first one is the in-text citation and the second one is the citation presented on the Works Cited page itself. Improperly formatted citations, or missing either of the two parts of citations, constitutes Plagiarism and results in a failing grade of 1. The citations must follow APA formatting. If you don’t remember how to make a properly formatted APA citation, go to the Purdue OWL (Online Writing Lab) website by following these steps: Do a search on the Internet for “Purdue OWL” and go to the homepage. In the menu on the left, click on Research and Citation. From the drop-down menu, click on APA Style. Click on APA Formatting and Style Guide. Select Reference List: Electronic Resources. Alternatively, go to Penn Foster’s Writer’s Block, or call and speak with an English instructor to refresh your memory on how to make a proper citation. Writing Steps To write your paper, follow these suggested steps: Step 1 Select a foreign currency you want to analyze versus the U. S. Dollar. Find the FX ticker symbol for the currency. Step 2 Perform your research. Go to a website such as www.xe.com or Bloomberg that has charting capabilities for the currency selected versus the US Dollar. Even a search in Google for the name of the currency exchange rate (such as searching “China currency exchange rate”) can be done to view a chart. Decide on a five-year period that you’ll want to analyze. Record the currency exchange rate over the five-year period showing the “significant” points in time such as: The starting point for the five-year period The high points The low points Any “relatively” major ups and downs in the exchange rate The ending point for the five-year period Be sure to save the web address, as it will be used as one of the citations required later on in your Works Cited page. Step 3 Once you have the exchange rates for the five-year period,  research to formulate an opinion as to why the exchange rate fluctuated over that period. Using your knowledge of Macroeconomics, research the economics of the country selected (such as GDP figures, supply/demand, housing, and labor, just to name a few of the economic concepts that you’ve learned about) and the events (such as political events, natural or unnatural disaster events, war events) that had an effect on the economy of the country. Do the same research for the economics of the United States during that five-year period. Step 4 Write a first draft of your paper following the guidelines presented above. The introduction should include what the paper is about, the currency selected, and a table listing the currency exchange rates as of specific dates for the country selected versus the U.S. dollar. This table should have an in-text citation and a properly formatted citation on the Works Cited page so that these figures can be verified based upon the citation presented. Work, facts, figures, and any other elements that aren’t your own must be properly cited; otherwise, this is plagiarism and will warrant a grade of 1. This introduction should be one or two paragraphs at most and include the table. The main body of the paper will present your opinion as to why the currency exchange rate fluctuated over the five-year period. You must support your opinion with at least four in-text citations and also include these citations, properly formatted, on the Works Cited page. The economic analysis needs to include both sides of the currency exchange rate. There can be no exchange rate if there’s only one side (one country). Therefore, the analysis must include the selected currency and the U.S. dollar. For this analysis, you’re being asked to provide a minimum of four pages as a summary of your opinion.  The parts of the paper should include: The introduction which states what the paper is about and includes a table with the exchange rates over the selected five-year period listed.  The main body of the paper which discusses both economies providing an opinion as to why the exchange rate fluctuated and include in-text citations to show support for that opinion. Remember, the in-text citations also need to be included on a Works Cited page. The summary or conclusion, which is a summary of what was presented in the introduction and main body of the paper and it should only be one or two paragraphs in length. Remember: Follow the writing guidelines, use 12pt font, double spacing, and the analysis needs to be a minimum of 4 pages. Step 5 Create a “Works Cited” page following APA guidelines as stated above. Not having correct in-text citations or properly formatted citations is Plagiarism and warrants a grade of 1. Step 6 Proofread the draft getting ready for its submission. Put it away for a day or two and then come back to it. Good writing is about rewriting. Be sure to grammar check and spell check the paper. There is no excuse for having these types of mistakes. Step 7 When ready, submit your paper following the instructions for submitting your project. Grading Criteria Your project will be evaluated according to the following criteria: Introduction                          20 percent Main Body (Analysis)           50 percent Summary or Conclusion      10 percent Written Communication       10 percent Format                                 10 percent Introduction Provides one or two paragraphs for an Introduction which also includes a table with the currency exchange rates for a consecutive five-year period Main Body (Analysis) Provides an economic analysis for the currency selected Provides an economic analysis for the US Dollar Provides an opinion based upon the economic analysis of the two currencies as to why the exchange rate fluctuated during the five-year period Provides at least four valid citations to support the opinion stated The economic analysis is a minimum of four pages in length Summary or Conclusion Provides a clear summary or conclusion restating the analysis in one or two paragraphs Written Communication Uses correct grammar, spelling, punctuation, and sentence structure Provides clear organization and transitional words when necessary (such as first, however, on the other hand, consequently, since, next, and when) No typographical errors Provides in-text citations and includes citations on a Works Cited page Provides a minimum of four citations The paper is a minimum of five pages in length Format Double-spaced 12pt font APA format Properly formatted citations and Works Cited page using APA guidelines

Don't use plagiarized sources. Get Your Custom Essay on
 Analyzing Foreign Exchange and Investment
From $8/Page
Order Essay
Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 20% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Top Writers 4Me
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 10k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Group Dynamics
Great job. I appreciate it.
Customer 452521, November 22nd, 2021
Healthcare Writing & Communications
Perfect! Thank you so much for all of your help!
Customer 452483, October 31st, 2021
Mathematics
Thank you, great work!
Customer 452483, July 19th, 2021
Microbiology
Thank you so much! I appreciate what you do and all of the great help you've given me!
Customer 452483, September 6th, 2021
Classic English Literature
Great paper, thank you!
Customer 452591, May 5th, 2022
Healthcare Writing & Communications
Perfect! Thank you for also remembering to highlight the necessary words. Appreciate all of your help and hard work!
Customer 452483, November 7th, 2021
English 101
This writer was very quick with the draft and even faster with the revision! Thank you!
Customer 452603, May 30th, 2022
Mathematics
Job WELL DONE! Thank You very much!!
Customer 452483, July 12th, 2021
Mathematics
Thank you so much!
Customer 452483, July 26th, 2021
Sociology
Perfect! Appreciate all of your help! Thank you so much!
Customer 452483, November 14th, 2021
Microbiology
Perfect! Thank you guys for all of your great help! :)
Customer 452483, August 23rd, 2021
Nursing
Good job. Thank you
Customer 452487, September 16th, 2021
1159
Customer reviews in total
96%
Current satisfaction rate
2 pages
Average paper length
47%
Customers referred by a friend
OUR GIFT TO YOU
20% OFF your first order
Use a coupon 24/7HELP and enjoy expert help with any task at the most affordable price.
Claim my 20% OFF Order in Chat
Open chat
Chat with us Live Here
Get in Touch with Our Live Chat Agents via WhatsApp on +1(346) 416-0954. Get Unlimited Access to Answers on Any Queries With Your Paper.