Assignment Topic 2 AUD/USD Exchange Rate The main movements of the AUD/USD exchange rate in the past eighteen months will be studied‚ as well as the underlying conditions that caused these specific movements to happen. Economic models and theories will be used to support the discussion and to analyse the reason for these fluctuations. Discussion will then take place to whether these movements have been a help or a hindrance to the overall health of the Australian economy. FIGURE 1.0
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Libor is the benchmark interest rate that affects how consumers and companies borrow money across the world. It the average interest rate calculated through the submission of interest rates by major banks in London. It is controlled by British Bankers ’Association(BBA) WHAT IS AFFECTED BY THE RATE ? Derivatives •Libor underpins at least $350 trillion in derivatives and other related financial products Mortgages •Of all the adjustable rate mortgages in US‚ 45% of the prime
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Unemployment (or joblessness) occurs when people are without work and actively seeking work. The unemployment rate is a measure of the prevalence of unemployment and it is calculated as a percentage by dividing the number of unemployed individuals by all individuals currently in the labor force. During periods of recession‚ an economy usually experiences a relatively high unemployment rate. In a 2011 news story‚ Business Week reported‚ "More than 200 million people globally are out of work‚ a record
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Bonus assignment 1. For April 30‚ 2013 Federal funds rate – 0.13 Federal Reserve discount rate – (Discount window primary credit) - 0.75 For December 23‚ 2005 Federal Reserve– 4.23 Discount rate – 5.35 As we can see from the information above‚ the short-term rates have decreased since the end of 2005 (4.230.13; 5.35 0.75) 2. The schedule of minutes can be found on http://www.federalreserve.gov/monetarypolicy/fomccalendars.htm and the press releases can be found on the News&Events
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Exchange rate movement has been an important subject of macroeconomic analysis and market surveillance. Despite its importance‚ forecasting the exchange rate level has been a challenge for academics and market practitioners since the collapse of the Bretton Woods system. Empirical results from many of the exchange rate forecasting models in the literature have not yielded satisfactory results. This paper is constructed for the purpose of comparing the forecast performance of various competing models
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was the reason for the decreased crime rate from the 1990s to the 2000s? The increase in technology in the late 1980s-early 1990s made it easier for gangs and criminals to commit crimes. In the 1990s there was a lot of crime going on and many people though that it was going to keep increasing into the 2000s but to many peoples surprise the crime rate actually decreased. After the 1990s‚ which was a decade full of crime‚ many people thought that the crime rate would increase in the 2000s‚ but due
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Plenty of people including myself have wonder what is it that makes the crime rate in the U.S so much higher than in other countries. Well for starters “the U.S is has the highest gun ownership rate in the world.”The U.S has a statistic violent crime rate of 386.3 per year. 236 More than 31‚000 people a year in the United States die from gunshot wounds .Because victims are disproportionately young‚ gun violence is one of the leading causes of premature mortality in the U.S.Gun violence in the United
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Rate/Volume Analysis The following table presents the extent to which changes in interest rates and changes in the volume of interest-earning assets and interest-bearing liabilities have affected our interest income and interest expense during the periods indicated. Information is provided in each category with respect to (1) the changes attributable to changes in volume (changes in volume multiplied by prior rate)‚ (2) the changes attributable to changes in rate (changes in rate multiplied by prior
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Article: Interest Rate Hikes in Brazil http://online.wsj.com/news/articles/SB10001424052702303626804579505673346899690 http://www.reuters.com/article/2014/04/02/brazil-economy-rates-idUSL1N0MU0O420140402 As the global recession still lingers‚ countries have been looking for different ways to stimulate the economy. There are multiple ways to stimulate the economy‚ primarily through monetary and fiscal policy‚ action taken by the central bank and government respectively‚ in order to adjust money
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Disadvantages of flexible exchange controls 3. Emerging markets and exchange control 3 4. South Africa and exchange controls 3 5. Conclusion 5 6. References 6 List of figure: Figure 1: Exchange rate forecast 4 Figure 2: Price of Brent crude oil 4 Figure 3: SA inflation: history and forecasts 5 Introduction South Africa and the countries of the world have seen tremendous shifts in exchange control and exchange regimes
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