As a financial analyst, you are asked to advise a MNC about its one-year investment plan next year in Germany. Because the investment is denominated in euros, you are asked to forecast how the AustralianDollar’s value may change against the U.S. dollar over the 1-year period. For your assessment, use ONE of the three major forecasting techniques.
- Fundamental forecasting (My choice)
- Technical forecasting
- Market-based forecasting
Please assess the next year move of Australian Dollar against the U.S. dollars
In addition, Please find at least two articles that discuss the Australian versus US dollar and write up at least a summary/couple of paragraphs about the article and what it is saying about this exchange.