3 Day Currency Forecast from February 3rd, 2017 to February 6th, 2017
Quantitative Trading: Hedge Fund Model -Daily Re-Adjustment Swing Trading (Stocks + Interest rates + Currencies)
Time Period: July 1st, 2014 – November 30th, 2015
Stocks (60%), Interest Rates (30%), Currencies G10 (10%) – leveraged by 10
This is very interesting example why when we look at the exchange rate we have to take a deeper look to see what really happened. We need to know what really happen, even if one currency rises against another, it does not mean that there is a depreciation of the foreign currency.
The following charts represent various back tests which use the signal data from the I Know First currency prediction table. Tests were made from July 1st 2014 to September 30th 2015.
Currently, 1 euro is equivalent to $1.06. This is a drastic change from 2011, when the difference between the two currencies was more than 50 cents greater. Now, the question has become whether the value of the dollar will surpass that of the euro.