Forecasting a currency's future value is difficult, because it is difficult to identify how the factors affecting the currency's value will change, and how they will interact to impact the currency's value.

Question

Quizplus · Accepted Answer

Forecasting currency values is a complex task as it depends on various economic, political, and social factors that are constantly changing and interacting with each other in unpredictable ways. Therefore, it is difficult to accurately predict how these factors will influence a currency's future value.

Forecasting a Currency's Future Value Is Difficult, Because It Is