Ashford University Exchange Rate Forecasting Discussion

Define exchange rate forecasting, specific drawing rights, and the ways currency exchanges are calculated and valued. Why are these issues important and what decisions need to be made before a transaction occurs? Make sure that you use this week’s assigned readings, also please include some PRJ additional articles that you find.

Please make sure to apply the international trade theory to your discussion.

No Wikipedia, Blogs with ads from yahoo.com or google.com, as they present a biased opinion. Use all the assigned articles and please add at least three (3) PRJ articles to support your

Must use these references.

• Ghalayini, L. (2014). Modeling and forecasting the US Dollar/Euro exchange rate. International Journal of Economics and Finance, 6(1), 194-207.
• Grossmann, A., Giudici, E., & Simpson, M. (2014). Euro conversion and return dynamics of European financial markets: a frequency domain approach. Journal of Economics & Finance, 38(1), 1-26
• Huang, H., & Zhang, Z. (2019). Virtual Standard Currency for Approximating Foreign Exchange Rates. International Journal of Electronic Commerce, 23(1), 33-62.