Fundamental analysts believe that the currency markets are semi-strong form efficient.

Question

Quizplus · Accepted Answer

Semi-strong form efficient markets are informationally efficient with respect to publicly available information. Fundamental analysts base their forecasts on relationships between exchange rate movements and publicly available macroeconomic data such as balance of payments statistic, inflation, and real and nominal interest rate movements.

Fundamental Analysts Believe That the Currency Markets Are Semi-Strong Form