Technical forecasting requires the identification of factors affecting the supply and demand of currencies,including:
A)interests rates,money supply,and productivity.
B)inflation rates,monopolies,and derivatives.
C)interest rates,rents,and derivatives.
D)inflation rates,productivity,and new oil discoveries.

Question

Quizplus · Accepted Answer

Technical forecasting involves analyzing economic factors that impact the supply and demand of currencies. Interest rates, money supply, and productivity are all important factors that influence the value of a currency. Inflation rates and new oil discoveries may also have an impact, but they are not as directly related to the currency market as the factors listed in option A. Monopolies and rents are not typically considered in technical forecasting as they are not directly related to currency supply and demand.

Technical Forecasting Requires the Identification of Factors Affecting the Supply