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Information × Registration Number 0220U001253, 0116U008121 , R & D reports Title Modelling and forecasting trends in the modern world currency market. popup.stage_title Head Zhovnovach Ruslana, Registration Date 13-02-2020 Organization Kirovograd National Technical University popup.description2 The concept and mechanisms of functioning of the world currency market, its assets and specific features in comparison with other financial platforms are considered in the research work. The need for special attention to fundamental analysis during the periods of global political and economic events is grounded. For the analysis of the dynamics of the leading world currency pairs in recent years, the period from October 2016 to April 2017 was chosen, since it includes such events as: (1) presidential elections in the USA; (2) two increases of the Federal Reserve rate, 3) the diametrically opposite policy of the European Central Bank, aimed at stimulating inflation. The mechanisms of functioning of artificial neural networks and ways of their application in solving such problems have been considered. The dynamics of exchange rates of currency pairs, in particular in the FOREX market, is a complex stochastic process that cannot be described and predicted using exclusively technical analysis. Therefore, during the period of important political and economic processes, fundamental analysis comes to the fore. However, even a synthesis of technical and fundamental analysis does not give full confidence in forecasts. Between October 2016 and April 2017, the election of the President of the United States can be called the most important political event on the world stage. The victory of Donald Trump made a lot of adjustments to the dynamics of currency pairs, however, in terms of strength and duration of influence, he probably conceded to the policy of the US Federal Reserve System. The phased increase in the discount rate as an indicator of economic growth has repeatedly strengthened the position of the US dollar in international currency markets, and the postponement of the next increase, on the contrary, weakened these positions. On the course of European currencies, the British pound and (to a lesser extent) the euro, a referendum on the withdrawal of Great Britain from the European Union, the so-called Brexit, and the subsequent procedures and litigation had a key influence. Immediately after the referendum, the multi-year lows of the pound against key European currencies were updated. In particular, the GBP / USD pair was trading below 1.1500, which is the absolute minimum since 1985. Brexit also shook the position of the euro. But soon the courses were adjusted, and the consequences were milder than many predicted. Thus, the use of fundamental analysis allows us to assess the direction and scale of changes in world currencies, and in combination with technical analysis is an integral tool for successful trading and forecasting the dynamics of currency pairs. WORLD CURRENCY MARKET, TECHNICAL ANALYSIS, FUNDAMENTAL ANALYSIS, POLITICAL FACTORS, ECONOMIC FACTORS, ARTIFICIAL NEURAL NETWORKS Product Description popup.authors Жовновач Р.І. Загреба М.М. popup.nrat_date 2020-04-02 Close