Question: If the foreign exchange market is _ _ _ _ efficient, then historical exchange rate information is not useful for forecasting exchange rate movements (

If the foreign exchange market is ____ efficient, then historical exchange rate information is not useful for forecasting exchange rate movements (Pick the best choice).
Question 10 options:
1)
semistrong-form
2)
weak-form
3)
semiweak-form
4)
weak-form AND semistrong-form

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!