nice topic for forex beginners.

1. Q1. NOTE DOWN USDINR, EURINR, GBPINR AND JPYINR CLOSING PRICE OF
TRADE DAY 1.
ANS.
OPENING AND CLOSING PRICE OF USDINR, EURINR,GBPINR, AND JPYINR :-
PAIR OPENING PRICE CLOSING PRICE
USDINR RS. 44.28 RS.44.60
EURINR RS.63.46 RS.63.92
GBRINR RS.70.85 RS.71.38
JPYINR RS.54.62 RS.55.02
Q2(a). IDENTIFY THE MAJOR MARKETS OPEN ACCROSS THE WORLD:
LONDON/NEWYORK/TOKYO/SYDNEY.
ANS.
TIME ZONES OF LONDON/NEWYORK/TOKYO/SYDNEY.
MARKET TIME IN EST TIME IN GMT TIME IN IST
LONDON 03:00 AM TO 12:00 08:00 AM TO 05:00 01:30 PM TO 10:30
PM. PM PM
(03:00 HRS TO 12:00 (08:00 HRS TO 17:00 (13:30 HRS TO 22:30
HRS) HRS) HRS)
NEW YORK 08:00 AM TO 05:00 01:00 PM TO 12:00 06:30 PM TO 04:30
PM AM AM
(08:00 HRS TO 17:00 (13:00 HRS TO 00:00 (18:30 HRS TO 04:30
HRS) HRS) HRS)
TOKYO 07:00 PM TO 04:00 12:00 AM TO 09:00 05:30 AM TO 12:30
AM AM PM
(19:00 HRS TO 04:00 (00:00 HRS TO 09:00 (05:30 HRS TO 12:30
HRS) HRS) HRS)
SYDNEY 05:00 PM TO 02:00 10:00PM TO 07:00 03:30 AM TO 12:30
AM AM PM
(17:00 HRS TO 02:00 (22:00 HRS TO 07:00 (03:30 HRS TO 12:30
HRS) HRS) HRS)

2. Q2(b). IDENTIFY THE MARKET CLOSING PRICES OF THE USD, EURO, GBP AND
JPY WHEN THE LAST MARKET CLOSES AND INDIAN MARKET OPENS ON THE
NEXT DAY 09:00 HRS.
ANS.
(AS ON 06/07/2011)
CLOSING PRICE
CURRENCY PAIR (AS ON 06/07/2011)
USDINR RS.44.60
EURINR RS.63.92
GBPINR RS.71.38
JPYINR RS.55.02
Q3. OBSERVE OPENNING PRICE OF RESPECTIVE PAIRS AGAINST INR.
ANS.
CURRENCY PAIR OPENNING PRICE (AS ON 07/07/2011)
USDINR RS.44.54
EURINR RS.63.79
GBPINR RS.71.64
JPYINR RS.55.34

3. Q4.DEDUCE CORRELATION OF PRICE BEHAVIOR WITH MULTIPLE OBSERVATION
AND STATE YOUR COMMENT ON CONSISTENCY OF PREDICTABILITY.
ANS.
COMPARISION OF PRICES (FOR 120 DAYS FROM 19/01/2011 TO 06/07/2011)
SNO DATE USD EURO GBP JPY(100)
1. 19/01/2011 RS.45.5082 RS.61.4102 RS.72.761 RS.0.554486
2. 20/01/2011 RS.45.8131 RS.61.5849 RS.72.7302 RS.0.551992
3. 21/01/2011 RS.45.5775 RS.61.8928 RS.72.9011 RS.0.55133
4. 24/01/2011 RS.45.527 RS.62.1585 RS.72.8093 RS.0.552245
5. 25/01/2011 RS.45.7025 RS.62.3524 RS.72.2883 RS.0.555149
6. 26/01/2011 RS.45.489 RS.62.2669 RS.72.2623 RS.0.553016
7. 27/01/2011 RS.45.6847 RS.62.5229 RS.72.6562 RS.0.550091
8. 28/01/2011 RS.45.8467 RS.62.3772 RS.72.6067 RS.0.558972
9. 31/01/2011 RS.45.9303 RS.62.9926 RS.73.6708 RS.0.560495
10. 01/02/2011 RS.45.6814 RS.63.0019 RS.73.651 RS.0.560774
11. 02/02/2011 RS.45.5438 RS.62.7466 RS.73.6222 RS.0.556682
12. 03/02/2011 RS.45.6688 RS.62.357 RS.73.7915 RS.0.560424
13. 04/02/2011 RS.45.6057 RS.61.9484 RS.73.3763 RS.0.555965
14. 07/02/2011 RS.45.3694 RS.61.5007 RS.73.0885 RS.0.550711
15. 08/02/2011 RS.45.171 RS.61.8194 RS.72.6813 RS.0.551299
16. 09/02/2011 RS.45.4679 RS.62.05 RS.73 RS.0.550822
17. 10/02/2011 RS.45.7277 RS.62.208 RS.73.3758 RS.0.55193
18. 11/02/2011 RS.45.6877 RS.61.7881 RS.73.0614 RS.0.546748
19. 14/02/2011 RS.45.5 RS.61.152 RS.72.8 RS.0.54527
20. 15/02/2011 RS.45.5204 RS.61.4981 RS.73.4305 RS.0.543221
21. 16/02/2011 RS.45.5204 RS.61.4981 RS.73.0468 RS.0.543653
22. 17/02/2011 RS.45.3451 RS.61.488 RS.73.1216 RS.0.54227
23. 18/02/2011 RS.45.2 RS.61.5941 RS.73.37 RS.0.542106
24. 21/02/2011 RS.44.9876 RS.61.489 RS.72.9841 RS.0.540896
25. 22/02/2011 RS.45.2652 RS.61.864 RS.73.1391 RS.0.544433
26. 23/02/2011 RS.45.1322 RS.61.971 RS.73.2605 RS.0.545088
27. 24/02/2011 RS.45.4679 RS.62.623 RS.73.5616 RS.0.55571
28. 25/02/2011 RS.45.3248 RS.62.376 RS.72.9288 RS.0.554354
29. 28/02/2011 RS.45.2725 RS.62.63 RS.73.4404 RS.0.552975
30. 01/03/2011 RS.44.9497 RS.62.143 RS.73.161 RS.0.548046
31. 02/03/2011 RS.44.9497 RS.62.0711 RS.73.2143 RS.0.547702
32. 03/03/2011 RS.45.0426 RS.62.384 RS.73.2809 RS.0.549978

4. 33. 04/03/2011 RS.44.9875 RS.62.7891 RS.73.1765 RS.0.543017
34. 07/03/2011 RS.45.0528 RS.63.2001 RS.73.4032 RS.0.54885
35. 08/03/2011 RS.45.0885 RS.62.664 RS.72.8228 RS.0.546615
36 09/03/2011 RS45.005 RS.62.683 RS.72.972 RS.0.544407
37. 10/03/2011 RS.45.1827 RS.62.4289 RS.72.8841 RS.0.543901
38. 11/03/2011 RS.45.24 RS.62.3091 RS.72.3515 RS.0.550239
39. 14/03/2011 RS.45.0603 RS.62.8501 RS.72.5835 RS.0.550544
40. 15/03/2011 RS.45.2463 RS.62.8199 RS.72.4233 RS.0.558946
41. 16/03/2011 RS.45.1172 RS.62.943 RS.72.5735 RS.0.559842
42. 17/03/2011 RS.45.1514 RS.63.23 RS.72.8919 RS.0.572632
43. 18/03/2011 RS.45.0364 RS.63.6364 RS.72.8272 RS.0.554904
44. 21/03/2011 RS.45.0099 RS.63.8871 RS.73.2902 RS.0.555347
45. 22/03/2011 RS.44.9553 RS.63.886 RS.73.6183 RS.0.554806
46. 23/03/2011 RS.44.8451 RS.63.393 RS.72.874 RS.0.554038
47. 24/03/2011 RS.44.7501 RS.63.223 RS.72.3292 RS.0.552938
48. 25/03/2011 RS.44.6752 RS.63.0591 RS.71.8376 RS.0.550397
49. 28/03/2011 RS.44.8397 RS.62.919 RS.71.6414 RS.0.54908
50. 29/03/2011 RS.44.7825 RS.62.9911 RS.71.463 RS.0.544905
51. 30/03/2011 RS.44.7523 RS.63.056 RS.71.7442 RS.0.538894
52. 31/03/2011 RS.44.5872 RS.63.3451 RS.71.6816 RS.0.538603
53. 01/04/2011 RS.44.5372 RS.62.98 RS.71.4464 RS.0.531208
54. 04/04/2011 RS.44.5878 RS.63.493 RS.72.0733 RS.0.531056
55. 05/04/2011 RS.44.4176 RS.62.9219 RS.72.088 RS.0.526985
56. 06/04/2011 RS.44.1699 RS.63.1629 RS.71.9806 RS.0.518494
57. 07/04/2011 RS.44.205 RS.63.138 RS.72.0835 RS.0.5188
58. 08/04/2011 RS.44.0747 RS.63.472 RS.72.0495 RS.0.516872
59. 11/04/2011 RS.44.3889 RS.64.0709 RS.72.5112 RS.0.524055
60. 12/04/2011 RS.44.3891 RS.64.231 RS.72.2957 RS.0.527046
61. 13/04/2011 RS.44.5049 RS.64.501 RS.72.4892 RS.0.52939
62. 14/04/2011 RS.44.6448 RS.64.293 RS.72.8532 RS.0.536445
63. 15/04/2011 RS.44.3329 RS.64.061 RS.72.4837 RS.0.532201
64. 18/04/2011 RS.44.4497 RS.63.452 RS.72.3099 RS.0.536592
65. 19/04/2011 RS.44.4847 RS.63.622 RS.72.4625 RS.0.538121
66. 20/04/2011 RS.44.33 RS.64.345 RS.72.5668 RS.0.535628
67. 21/04/2011 RS.44.3678 RS.64.706 RS.73.4211 RS.0.541382
68. 25/04/2011 RS.44.4181 RS.64.7393 RS.73.2682 RS.0.5419
69. 26/04/2011 RS.44.5201 RS.65.075 RS.73.3529 RS.0.54488

5. 70. 27/04/2011 RS.44.4403 RS.65.1851 RS.73.539 RS.0.540237
71. 28/04/2011 RS.44.4302 RS.65.73 RS.73.9537 RS.0.543358
72. 29/04/2011 RS.44.2147 RS.65.703 RS.73.6829 RS.0.544485
73. 02/05/2011 RS.44.3398 RS.65.7869 RS.73.9844 RS.0.544369
74. 03/05/2011 RS.44.5176 RS.65.797 RS.73.3564 RS.0.551248
75. 04/05/2011 RS.44.4698 RS.66.1799 RS.73.5415 RS.0.548665
76. 05/05/2011 RS.44.7597 RS.66.307 RS.73.7852 RS.0.560973
77. 06/05/2011 RS.44.7948 RS.64.9569 RS.73.489 RS.0.55757
78. 09/05/2011 RS.44.7197 RS.64.383 RS.73.2248 RS.0.553689
79. 10/05/2011 RS.44.7548 RS.64.2589 RS.73.1962 RS.0.555297
80. 11/05/2011 RS.44.6953 RS.64.1691 RS.73.6939 RS.0.550949
81. 12/05/2011 RS.44.9975 RS.63.685 RS.73.1884 RS.0.556007
82. 13/05/2011 RS.44.8676 RS.64.0709 RS.72.9779 RS.0.555593
83. 16/05/2011 RS.45.1601 RS.63.8699 RS.73.2034 RS.0.558548
84. 17/05/2011 RS.45.1274 RS.63.95 RS.73.2616 RS.0.55277
85. 18/05/2011 RS.45.0552 RS.64.1 RS.72.7872 RS.0.555219
86. 19/05/2011 RS.44.98 RS.64.164 RS.72.806 RS.0.549208
87. 20/05/2011 RS.45.0123 RS.64.084 RS.73.0676 RS.0.551165
88. 23/05/2011 RS.45.2375 RS.63.423 RS.72.9209 RS.0.553043
89. 24/05/2011 RS.45.2048 RS.63.689 RS.72.9668 RS.0.551659
90. 25/05/2011 RS.45.3302 RS.63.775 RS.73.5413 RS.0.552308
91. 26/05/2011 RS.45.3049 RS.64.188 RS.73.9067 RS.0.553583
92. 27/05/2011 RS.45.1651 RS.64.4281 RS.74.3243 RS.0.556854
93. 30/05/2011 RS.45.0778 RS.64.335 RS.74.1957 RS.0.557689
94. 31/05/2011 RS.45.0574 RS.64.815 RS.74.3249 RS.0.552935
95. 01/06/2011 RS.44.8448 RS.64.6124 RS.73.6702 RS.0.551724
96. 02/06/2011 RS.44.8292 RS.64.823 RS.73.4165 RS.0.555944
97. 03/06/2011 RS.44.8219 RS.64.938 RS.73.1695 RS.0.555547
98. 06/06/2011 RS.44.7602 RS.65.332 RS.73.3819 RS.0.558155
99. 07/06/2011 RS.44.6799 RS.65.465 RS.73.3542 RS.0.556912
100. 08/06/2011 RS.44.7022 RS.65.301 RS.73.1336 RS.0.560042
101. 09/06/2011 RS.44.7352 RS.65.3761 RS.73.5058 RS.0.559439
102. 10/06/2011 RS.44.7149 RS.64.774 RS.72.9108 RS.0.558397
103. 13/06/2011 RS.44.8648 RS.64.3989 RS.73.1307 RS.0.558098
104. 14/06/2011 RS.44.7377 RS.64.6371 RS.73.3678 RS.0.557649
105. 15/06/2011 RS.44.76 RS.63.971 RS.72.7191 RS.0.55367
106. 16/06/2011 RS.44.9049 RS.63.262 RS.72.2747 RS.0.556737

6. 107. 17/06/2011 RS.44.8676 RS.64.0261 RS.72.5426 RS.0.558156
108. 20/06/2011 RS.45.0074 RS.64.068 RS.72.846 RS.0.56082
109. 21/06/2011 RS.44.8473 RS.64.459 RS.72.6954 RS.0.55954
110. 22/06/2011 RS.44.8948 RS.64.6351 RS.72.3715 RS.0.56029
111. 23/06/2011 RS.44.9536 RS.63.888 RS.71.8166 RS.0.557585
112. 24/06/2011 RS.44.9951 RS.63.983 RS.72.0084 RS.0.560959
113. 27/06/2011 RS.45.0377 RS.63.9761 RS.71.9074 RS.0.557574
114. 28/06/2011 RS.45.0403 RS.64.232 RS.71.8317 RS.0.557037
115. 29/06/2011 RS.44.8672 RS.64.7209 RS.71.9282 RS.0.553501
116. 30/06/2011 RS.44.6703 RS.64.562 RS.71.5329 RS.0.555372
117. 03/07/2011 RS.44.5852 RS.64.5951 RS.71.3757 RS.0.552472
118. 04/07/2011 RS.44.4248 RS.64.416 RS.71.4542 RS.0.550047
119. 05/07/2011 RS.44.3953 RS.64.2001 RS.71.4604 RS.0.547642
120. 06/07/2011 RS.44.4049 RS.63.5789 RS.71.0498 RS.0.547952
CORRELATION:-
USD:-
AVERAGE:- RS.44.9561.
LOWEST(APR 08):- RS.44.0747.
HIGHEST(JAN 31):-RS.45.9303.
LATEST(JUL 06):-RS.44.4049.
EURO:-
AVERAGE:- RS.63.5383.
LOWEST(FEB 14):- RS.61.152.
HIGHEST(MAY 05):-RS.66.307.
LATEST(JUL 06):-RS.63.5789.
GBP:-
AVERAGE:- RS.72.8664.
LOWEST(JUL 06):- RS.71.0498.
HIGHEST(MAY 31):-RS.74.3249.
LATEST(JUL 06):-RS.71.0498.
JPY:-
AVERAGE:- RS.0.549512.
LOWEST(APR 08):- RS.0.516812.
HIGHEST(MAR 17):-RS.0.572632.
LATEST(JUL 06):-RS.0.547952.
BY P.MADHANKUMAR.