
- English
- PDF
- Available on iOS & Android
Exchange Rate Forecasting: Techniques and Applications
About this book
Forecasting exchange rates is a variable that preoccupies economists, businesses and governments, being more critical to more people than any other variable. In Exchange Rate Forecasting the author sets out to provide a concise survey of the techniques of forecasting - bringing together the various forecasting methods and applying them to the exchange rate in a highly accessible and readable manner. Highly practical in approach, the book provides an understanding of the techniques of forecasting with an emphasis on its applications and use in business decision-making, such as hedging, speculation, investment, financing and capital budgeting. In addition, the author also considers recent developments in the field, notably neural networks and chaos, again, with easy-to-understand explanations of these "rocket science" areas. The practical approach to forecasting is also reflected in the number of examples that pepper the text, whilst descriptions of some of the software packages that are used in practice to generate forecasts are also provided.
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Information
Table of contents
- Cover
- Exchange Rate Forecasting: Techniques and Applications
- Contents
- List of Figures and Tables
- Currency Symbols
- Preface
- 1 Expectation and Forecasting:An Overview
- 2 Exchange Rate Forecasting as an Input in the Decision-making Process
- 3 Univariate Time Series Techniques
- 4 Multivariate Time Series Models
- 5 Market-based Forecasting: The Spot and Forward Exchange Rates
- 6 Judgemental and Composite Forecasting
- 7 Technical Analysis
- 8 Trading Rules
- 9 Recent Developments: Chaos and Neural Networks
- 10 Measuring Forecasting Accuracy
- 11 Selection, Implementation and Monitoring of Forecasts
- 12 Case Studies
- 13 Concluding Remarks
- References