Foundations of Financial Management
Foundations of Financial Management
16th Edition
ISBN: 9781259277160
Author: Stanley B. Block, Geoffrey A. Hirt, Bartley Danielsen
Publisher: McGraw-Hill Education
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Chapter 21, Problem 3DQ

List the factors that affect the value of a currency in foreign exchange markets. (LO21-2)

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Explain the need for and problems associated with forecasting foreign exchange rates.
- What other predictor(s)  would you use, besides PPP and IRP, to forecast the U.S. exchange rate against the Euro?
what factors affecting foreign exchange market? explain each factor.
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