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)all of the above
D)none of the above

Question

Quizplus · Accepted Answer

If exchange rate movements are not related to previous exchange rate values, then technical analysis, which relies on historical data to make predictions, would not be useful for speculating on future movements. Fundamental analysis, on the other hand, considers economic and political factors that affect exchange rates, and would still be valuable in this scenario. Therefore, option A is the correct answer.

If It Was Determined That the Movement of Exchange Rates