Random walk model for exchange rate forecasting
Explain about random walk model for exchange rate forecasting. Will it be reliable with the technical analysis?
Expert
Random walk model may predict that the present exchange rate can be the best interpreter of future exchange rate. Effect of model is that the past history of exchange rate is not at all important in predicting the future exchange rate. The model therefore does not go along with the technical analysis which tries to use the past history for predicting the future exchange rate.
what is accounting equation? explain accounting equation and explain its importance?
Normal 0
Think of person you will who often irritates you or whose behaviour greats on your nerves. First list that person statuses and role then analysed his or her possible role expectations, role performance, role conflict and role strai
It started with the US sub-prime mortgages on housing loans, which became worthless when home owners defaulted on their loans. The housing market promptly collapsed, wiping out Wall Street's revered investment banks and pull
What did Freedmen’s Bureau do?
I have a problem with the following Essay topics illustrated below: Topic A:What is the ultimate goal of yoga practice according to Patanjali, and how do
Describe the allegations of interest rate parity for the determination of the exchange rate.
What are MIS reports and do you made it?
What do you mean by Letter of Credit?
Explain what is meant by the Representative office of any bank.
18,76,764
1922338 Asked
3,689
Active Tutors
1437687
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!