Which of the following forecasting techniques would be most likely to use today's forward exchange rate to forecast the future exchange rate?
A) fundamental forecasting
B) market-based forecasting
C) technical forecasting
D) interval forecasting
Answer Key

Question

​Which of the following forecasting techniques would be most likely to use today's forward exchange rate to forecast the future exchange rate?
A) ​fundamental forecasting
B) ​market-based forecasting
C) ​technical forecasting
D) ​interval forecasting
Answer Key

Quizplus · Accepted Answer

Market-based forecasting involves using current market information and trends, such as today's forward exchange rate, to predict future exchange rates. Fundamental forecasting looks at economic factors such as interest rates and inflation, while technical forecasting uses historical data to identify patterns and trends. Interval forecasting estimates a range of possible outcomes rather than a specific forecast.

​Which of the Following Forecasting Techniques Would Be Most Likely

Which of the Following Forecasting Techniques Would Be Most Likely