Which of the following forecasting techniques would best represent the use of today's forward exchange rate to forecast the future exchange rate?
A) Fundamental forecasting
B) Market-based forecasting
C) Technical forecasting
D) Mixed forecasting

Question

Quizplus · Accepted Answer

Market-based forecasting uses current market data, such as forward exchange rates, to forecast future exchange rates.

Which of the Following Forecasting Techniques Would Best Represent the Use