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Experimental results on real world Forex market data shows that the proposed mechanism yields significantly higher profits against various popular benchmarks.
The assessment results show that our developed DSS outperforms some commonly used forex forecasting and trading decision systems and can provide intelligent e‐service for forex traders to make useful trading decisions in the forex market.
This study should be useful as a reference for researches in Forex market analyses and Forex Industry to utilize profitmaking strategies.
There exist however interesting peripheral differences that may open a new perspective to view the Forex dynamics.
This could be taken as an indication that the cryptocurrency market has begun decoupling itself from the Forex.
Preliminary evidence is found for a ‘multifractal’ structure of the very high frequency Forex (Foreign Exchange) fluctuations.
Proceedings ArticleDOI
Joarder Kamruzzaman, Ruhul A. Sarker 
01 Jan 2003
119 Citations
Experimental results demonstrate that ANN based model can closely forecast the forex market.
The results also show that forex sales, but not forex purchases, react to volatility, indicating asymmetry in the central bank’s reactions to episodes of appreciation and depreciation pressures.
Similarly, the paper documents evidence of asymmetry in the effectiveness of forex interventions.