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Use the Barchart link ( https://www.barchart.com/futures/major-commodities?viewN
Use the Barchart link ( https://www.barchart.com/futures/major-commodities?viewName=main ) and derive 1) the expected US monetary policy based on Federal Funds futures, and 2) the expected ECB monetary policy based on the EURIBOR futures (European grouping). Give you estimate on the exchange rate between the USD and the EUR (Euro futures) over the next 12 months. Explain you forecast using one of the theories learned in the class. (use ch.6) 1. Do screenshot of federal funds futures and explain what it means 2. Do screenshot of euribor futures and explain what it means 3. screenshot europe charts and give the prediction 4. explain why is that prediction straight to the point!
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