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other fields. The paper examines the potential of deep learning for exchange rate forecasting. We systematically compare …-forward networks in terms of their directional forecasting accuracy and the profitability of trading model predictions. Empirical … results indicate the suitability of deep networks for exchange rate forecasting in general but also evidence the difficulty of …
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This paper studies predictability of currency returns over time and the extent to which it is captured by trading rules commonly used in currency markets. We consider the strategies that an investor endowed with rational expectations could have pursued to exploit out-of-sample currency...
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