Technical Forecasting Relies Completely On

question 50

Multiple Choice

Technical forecasting relies completely on:

• A)computer models that consider every factor that could affect the value of a currency.
• B)new information that can change the value of a currency.
• C)all information,old and new,that can change the value of a currency.
• D)an analysis of currency values over time rather than on a consideration of economic factors and their affects on the currency value.

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Definitions:

Interest Rate

The cost of borrowing money, usually expressed as a percentage of the amount borrowed.

Net Earnings

The amount of income left after deducting all expenses, taxes, and costs from gross revenue.

Continuous Future

A futures contract that amalgamates several expiry contracts to create a continuous, extended trading period for investors.

Apple Computer

A technology company that designs, manufactures, and markets consumer electronics, software, and services, well-known for products like the iPhone and MacBook.