Which of the following is NOT an argument put forward by technical analysts as a reason for ignoring information on the fundamental variables affecting the exchange rate?
A) Fundamental variables affect the exchange rate in the long run only
B) The information contains significant errors
C) It is not easy to pinpoint all of the fundamental variables
D) Some of the fundamental variables cannot be measured

Question

Quizplus · Accepted Answer

Technical analysts focus on price movements and patterns rather than fundamental variables. They believe that all relevant information, including fundamentals, is already reflected in the price. Therefore, the argument that fundamental variables affect the exchange rate in the long run only is not typically a reason technical analysts would use to ignore fundamental information.

Which of the Following Is NOT an Argument Put Forward