A forecast of a currency one year in advance is typically more accurate than a forecast one week in advance since the currency reverts to equilibrium over a longer term period.

Name: A forecast of a currency one year in advance is typically more accurate than a forecast one week in advance since the currency reverts to equilibrium over a longer term period.
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Currency markets are influenced by numerous unpredictable factors, making long-term forecasts generally less accurate than short-term ones.

A Forecast of a Currency One Year in Advance Is