1. Select a foreign currency you want to speculate for or against. Do not select a currency that is on fixed exchange rate regime, such as Cuban peso. Use standard end of the trading day market quotes for exchange rates, such as those listed in the Wall Street Journal. Do not use ask-bid type of quotes. NOTE: In selecting a target foreign currency consider a country, where you traveled to or plan to travel. That will give you a better handle and/or motivation to learn about this currency. Submit your chosen currency by the end of Monday, May 24.
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