According to the text, research generally supports ____ in foreign exchange markets.
A)weak-form efficiency
B)semistrong-form efficiency
C)strong-form efficiency
D)A and B
E)B and C

Question

Quizplus · Accepted Answer

Research generally supports both weak-form and semistrong-form efficiency in foreign exchange markets. Weak-form efficiency suggests that past price movements and volume data do not predict future price movements, while semistrong-form efficiency posits that all publicly available information is already reflected in prices, making it impossible to achieve consistently higher returns.

According to the Text, Research Generally Supports ____ in Foreign