TAILIEUCHUNG - Lecture International finance: An analytical approach (3/e): Chapter 8 - Imad A. Moosa

Chapter 8 - Exchange rate forecasting, technical analysis and trading rules. The objectives of this chapter are: To explain why exchange rate forecasting is needed, to illustrate forecasting techniques, to explain how to evaluate the performance of forecasters, . | Lecture International finance An analytical approach 3 e Chapter 8 - Imad A. Moosa Chapter 8 Exchange Rate Forecasting Technical Analysis and Trading Rules Objectives To explain why exchange rate forecasting is needed To illustrate forecasting techniques To explain how to evaluate the performance of forecasters cont. Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 8-2 Objectives cont. To demonstrate how technical analysis is used to generate buy and sell signals To explain how filter rules and moving average rules work Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 8-3 Definition Forecasting is a formal process of generating expectation Expectations are implicit forecasts Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 8-4 Why do we need exchange rate forecasting Spot speculation Uncovered interest arbitrage Spot-forward speculation Option speculation Hedging Investment and capital budgeting cont. Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 8-5 Why do we need exchange rate forecasting cont. Financing decisions Pricing decisions Strategic planning Macroeconomic conditions Central bank intervention Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. Moosa Slides prepared by Afaf Moosa 8-6 Econometric forecasting models These are models that are specified on the basis of economic theory and estimated by an econometric method They are classified into single-equation and multi- equation models Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t a International Finance An Analytical Approach 3e by Imad A. .

• Tài chính doanh nghiệp
• International Finance
• Lecture International finance
• Tài chính quốc tế
• Bài giảng Tài chính quốc tế
• Exchange rate forecasting
• Technical analysis
• International monetary system
• Exchange rate arrangements
• Eurocurrency market
• International banking
• Internal financing
• International short term financing
• International long term financing
• Foreign bonds
• Foreign direct investment
• International capital budgeting
• International bank loans
• Financial analysis
• Financial management
• Lecture Introduction to finance
• Financial markets
• International trade
• International business firms
• Financial manager
• Bond investment
• Equity investment
• International arbitrage
• Multipoint arbitrage
• Basel accords