Exchange Rate Forecasting: Techniques and Applications

by I. Moosa

Overview

This book deals with the models and applications of exchange rate forecasting. It is written primarily for professionals with the objective of providing a concise survey of the techniques of forecasting. The book considers the business decisions requiring exchange rate forecasting and some related issues such as market efficiency and trading rules.

Product Details

ISBN-13:	9780312228927
Publisher:	Palgrave Macmillan UK
Publication date:	12/14/1999
Series:	Finance and Capital Markets Series
Edition description:	2000
Pages:	424
Product dimensions:	5.98(w) x 9.02(h) x (d)

About the Author

IMAD MOOSA is currently Professor in Economics and Finance at La Trobe University, Australia, prior to which he lectured at the University of Sheffield, UK. Before entering academia, he worked as a professional economist and investment banker for over ten years.

Table of Contents

Forecasting and Expectations
• Why Do We Need Exchange Rate Forecasting?
• Univariate Time Series Forecasting Models
• Multivariate Time Series Forecasting Models
• Market-Based Forecasting
• Composite and Judgmental Forecasting
• Technical Analysis
• Trading Rules
• Recent Developments
• Evaluating Forecasting Performance
• Some Applications
• How to Pick an Exchange Rate Forecasting Service
• Summing Up

Editorial Reviews

Attempting to balance the subjects of econometric methods and the applications of those methods to decision making in organizational contexts, Moosa (economics and finance, La Trobe U.). In addition to treating traditional methods of forecasting, he discusses more recent developments such as the use of chaos theory and neural networks. The selection of methods and the measurement of accuracy are discussed with the goal of keeping the material accessible to business readers. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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