Value relative to the other currency

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Taking the information determine if the short/long position creates a profit and which currency increased in value relative to the other currency. Given: Must use $100,000 usd for each purchase.


EUR/USD GBP/USD USD/JPY USD/CHF USD/CAD
September 10 1.1280 1.5446 120.61 .9733 1.3254
October 22 1.1106 1.5394 120.69 .9732 1.3089

A. EUR/USD:

B. GBP/USD:

C. USD/JPY:

D. USD/CHF:

E. USD/CAD:

Reference no: EM13971424

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