Where a major currency trades and your view

Choose a major currency. What is its current exchange rate, how has it moved historically, and what do you expect from here?

Give the level, the story and a view. State the current rate, summarise recent moves and their drivers (interest-rate differentials, growth, trade balances, risk sentiment), then offer a directional view with a rationale and the key risks to it. Preparation and structured reasoning matter more than the forecast itself.