Week 7 — May 15: Currencies Overview — Macro, Central Banking & Balance of Payments

Topics: Currencies overview, macro situation, central banking and balance of payments

Assignment Due: Group Strategy Proposal 2 — Derivatives Investment Strategy Proposal (30 points)

Key Concepts

  • Foreign exchange market structure and major currency pairs
  • Central bank policy and exchange rate regimes
  • Balance of payments: current account, capital account, and reserves
  • Macroeconomic drivers of exchange rates

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MGMT 298 — UCLA Anderson School of Management — Spring 2026

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