If it was determined that the movement of exchange rates was not related to previous exchange rate values,this implies that a __________ is not valuable for speculating on expected exchange rate movements.
A) technical forecast technique
B) fundamental forecast technique
C) none of the above
D) all of the above

Question

Quizplus · Accepted Answer

If the movement of exchange rates is not related to previous exchange rate values, it implies that technical analysis, which is based on historical price movements and patterns, would not be useful for predicting future exchange rate movements. Fundamental analysis, which is based on economic and financial factors, may still be valuable in this scenario. Therefore, option A is the correct answer. Option C ("none of the above") and option D ("all of the above") are incorrect because they are too broad and do not account for the specific scenario presented.

If It Was Determined That the Movement of Exchange Rates