Formulas for Euro / Dollar , GBP / $. Readings and formulas that will help me know how to prediction currency fluctuations.
2006-10-13 23:56:25 · 6 answers · asked by Anonymous in Business & Finance ➔ Investing
These websites may help you in predicting currency trends and currency fluctuations.
2006-10-14 14:23:37 · answer #1 · answered by Dreamer 3 · 0⤊ 0⤋
hmm..unpredictable..
there too much factors involved here,..
like for example inflation,deflation,current marketprizes specially oil and gold,intrest-rates,and so many more..
not even to talk about what happens to a currency of a country if for example it would go to war or the king or president dies of that country,agreements being signed,agreements not being signed..
most country's have a national bank that watches carefully there own currency and will act upon moves up or down,they want a stabilized currency,and therefore they lower or higher the rates for a certain currency.
so much factors you cant predict,so how would you be able to predict or even calculate the inpact of such chance.
2006-10-14 00:14:05 · answer #2 · answered by byciclerabbit 3 · 0⤊ 0⤋
If I knew, I would be in the cover page of Forbes as the richest person on Earth.
2006-10-14 01:15:46 · answer #3 · answered by c00kies 5 · 0⤊ 0⤋
Formulas? I don't think so... You need way more advanced stuff than formulas. Read up on non-structural econometrics, with special emphasis on ARMA/ARIMA and ARCH/GARCH...
2006-10-14 05:08:24 · answer #4 · answered by NC 7 · 0⤊ 0⤋
You can't predict them.
Rolling dice would be as accurate as any formula.
2006-10-14 00:04:09 · answer #5 · answered by S h ä r k G û m b ò 6 · 0⤊ 0⤋
If you get a good answer, let me know too. We can become multi-billionaires together ...
2006-10-13 23:58:12 · answer #6 · answered by Anonymous · 0⤊ 0⤋