The paper should facilitate learning by following current developments in global financial markets. A comprehensive report on selected currencypairs should be prepared. Although the analysis should be forward looking, the path of the exchange rates in the recent past should be part of the analysis. The FX markets are closely linked to global equity, money and bond markets. The paper also requires an analysis of the development in these parallel markets. The paper should include graphs and charts in appendix. An explanation should be provided for the movement of currencies, and their interactions with the parallel markets. The currency pairs to be tracked are

The starting date is June 15, 2004 and the end date is august 07, 2004. All data should be within these dates. Develop your own narrative and explanations after filtering the information. All information should be properly referenced. Remember the paper is supposed to be a personal opinion paper. All opinions must be made in light of the gathered data.