Currancy guru's.
06 December 2006, 07:49 PM
#1
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Currancy guru's.
Anyone have any informed opinion on the £-$ rate over the next 5 days or so?
I've got 2K to change into $'s but can't get at it until Wednesday.
I've got 2K to change into $'s but can't get at it until Wednesday.
06 December 2006, 07:53 PM
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06 December 2006, 08:08 PM
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Originally Posted by agent003
XE.com - The World's Favorite Currency and Foreign Exchange Site ... is this what you are after
06 December 2006, 08:41 PM
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06 December 2006, 09:05 PM
#7
Originally Posted by FlightMan
I care. Are you an expert? 
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06 December 2006, 09:11 PM
#8
Nobody has an informed opinion about exchange rates. Even a seasoned spot trader jobs the market minute by minute. Exchange rates are a stochastic process (random), apparently.
Flip a coin!
HTH
Flip a coin!
HTH
06 December 2006, 09:26 PM
#10
Predictable once the announcement has been made, you mean? 
I worked with a guy at UBS in the 90s, who built a neural network to trade fx. He gave up because of stochasticity.
I worked with a guy at UBS in the 90s, who built a neural network to trade fx. He gave up because of stochasticity.
06 December 2006, 09:34 PM
#11
Originally Posted by Suresh
Predictable once the announcement has been made, you mean?
I worked with a guy at UBS in the 90s, who built a neural network to trade fx. He gave up because of stochasticity.
I worked with a guy at UBS in the 90s, who built a neural network to trade fx. He gave up because of stochasticity.
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