Economics Topics

A Note On Forecasting Exchange Rates Using A Cluster Technique

Project and Seminar Material for Economics

Project and Seminar Material for Economics

Abstract

In this note, we propose a cluster method as a simple predictive tool to forecast exchange rates (specifically the Japanese Yen and the British Pound against the US Dollar). The general goal in this study is two-fold. First of all, we verify whether or not we can accurately predict the exchange rate movements using the suggested method.

Secondly, we use the generated sign predictions to build a simple trading strategy and check if we can obtain above-normal profits in the foreign exchange market. Our results reveal a sign forecasting ability for one-period-ahead which is lost when more periods ahead are considered. On the other hand, our simple trading strategy does not obtain above-normal profits.

How To Get The Complete Material For “A Note On Forecasting Exchange Rates Using A Cluster Technique“

Project Material Download

3,000 Naira

The Complete Material Will Be Sent to You in Just 2 Steps

Quick & Simple…

Make Payment (Through Transfer) of ₦3,000 to Any of the Account Below

	Acc No: 0811003731
	Samphina Academy
	Current Account

	Acc No: 1225513212
	Samphina Academy
	Current Account

	Acc No: 8143831497
	Samphina Academy
	Digital Account

Or CLICK HERE To Pay With Debit Card

FOR STUDENTS OUTSIDE NIGERIA

CLICK HERE To Purchase Material ($15)

FOR GHANIAN STUDENTS

Make Payment of 80 GHS to 0553978005 | Douglas Osabutey | MTN MoMo

Send the Following Details on WhatsApp ( 08143831497) After Payment

Payment Details
TOPIC: A Note On Forecasting Exchange Rates Using A Cluster Technique

The Complete Material Will Be Sent To You On WhatsApp After Receiving Your Details
T & C Apply

Contact Our Help Desk

Need a Different Topic? Perform a Quick Search

List of Related Works

Click on Any Topic to Preview the Content

Samphina Academy

Samphina Academy is an Online Educational Resource Center that is aimed at providing students with quality information and materials to aid them in succeeding in their academic pursuit.