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The use of big data analytics to predict the foreign exchange rate based on public media: A machine-learning experiment

Authors :
Che-Chuan Hsu
Rua-Huan Tsaih
Tzu-Hsiang Lin
Biing-Shen Kuo
Source :
IT Professional. 20:34-41
Publication Year :
2018
Publisher :
Institute of Electrical and Electronics Engineers (IEEE), 2018.

Abstract

The authors analyze relevant public information provided by new media to predict the movement of the USD/TWD exchange rate and explore whether big data analytics with machine-learning modeling can exceed the random walk mechanism and the notion of market efficiency.

Details

ISSN :
1941045X and 15209202
Volume :
20
Database :
OpenAIRE
Journal :
IT Professional
Accession number :
edsair.doi...........d3a77aa287e5a24f96b48465e3ee6ae9
Full Text :
https://doi.org/10.1109/mitp.2018.021921649