A system for exchange rate forecasting using news headlines
by Desamanya C. Peramunetilleke
THESIS
1997
M.Phil. Computer Science
x, 59 leaves : ill. (some col.) ; 30 cm
Abstract
Novel techniques to forecast intra-day currency exchange rates are presented. The innovative approach of the system is that, unlike technical analysis which is only based on quantifiable information, it makes use of "unmeasureable" factors such as market anticipation and political news to make forecasts. The system produced effective results when extensively tested in a banking environment using a high frequency data set and leads the way to an automated trading system.
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