The three variables predicted by forecasting are the timing, magnitude, and length of exchange rate movements.

Name: The three variables predicted by forecasting are the timing, magnitude, and length of exchange rate movements.
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Question

Quizplus · Accepted Answer

Forecasting typically aims to predict the timing and magnitude of exchange rate movements, but not specifically their length. The length or duration of these movements is more uncertain and not a primary focus of most forecasting models.

The Three Variables Predicted by Forecasting Are the Timing, Magnitude