USD CAD Forecast

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USD CAD Forecast

• Learn to stay ahead your competition by ready
  daily, weekly, and monthly currency forecast.

2
USD CAD Forecast

• Forecasters are often met with skepticism. Almost
  every time I tell someone that I work in
  forecasting, they say something about forecasting
  the stock market, or forecasting the weather,
  usually suggesting that such forecasts are
  hopelessly inaccurate. In fact, forecasts of the
  weather are amazingly accurate given the
  complexity of the system, while anyone claiming
  to forecast the stock market deserves skepticism.
  So what is the difference between these two types
  of forecasts, and can we say anything about what
  can be reasonably be forecast and what cant?
• Clearly, some things are easier to forecast than
  others. The time of the sunrise tomorrow morning
  can be forecast very precisely. On the other
  hand, tomorrows lotto numbers cannot be forecast
  with any accuracy. The predictability of an event
  or a quantity depends on several factors
  including
• how well we understand the factors that
  contribute to it
• how much data are available
• whether the forecasts can affect the thing we are
  trying to forecast.

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