Predictability of Foreign Exchange Rates Dissertation

Predictability of conflicting Exchange Rates - Dissertation ExampleI am also much obliged to my supervisors who head me with their timely advice, feedbacks and suggestions which aided me in attaining the expected standard of work and keeping me punctual as per the plan deliveries of dissertation chapters. Table of Contents Serial no. point Page no. I Introduction, Aims & objectives and query Questions 6 I.1 Introduction 6 I.2 Aims 6 I.3 Objectives 6 I.4 Research Questions 7 II Literature subject 8 III Research Methodology 15 IV Findings Analysis and Discussion 19 V Conclusion and Recommendations for future Research 33 VI References 40 List of Tables Table no. Topic Page no. 1a Regression Results of equality (1a) 22 1b Regression Results of Equation (1b) 23 2a Regression Results of Equation (2a) 25 2b Regression Results of Equation (2b) 26 3a Regression Results of Equation (3a) 28 3b Regression Results of Equation (3b) 29 List of Tables in Appendix Serial no. Topic Page no. .. . on The expose of the Bretton Woods System of fixed tack run in 1978 ushered in the new era of bendable exchange rate that aimed for the betterment of trade relations between countries. Free and floating exchange rate were assumed to be the solution to the barriers to free trade and hence, the newly acquired ideals of globalization. What remained uncalculated was the in stability and lack of predictability associated with flexible exchange range. In the aftermath of the Global Crisis of 2007, the predictability of exchange rates has evolved as one of the most relevant issues and pleads second scrutiny and analysis. I.2 Aims The objective of this research is to examine the depreciations, appreciations and devaluations in the value of the US Dollar relative to opposite major currencies and based on this analysis draw a general conclusion on the horizontal surface of predictability of exchange rates in recent times. Furthermore, it attempts to identify the main factors respons ible for the volatility of exchange rates following the collapse of the Bretton Woods System and thus, offer a clear insight into the various mechanisms subsisting in the context of exchange rate predictability. I.3 Objectives The main objectives of the research are To compare the differences in the stability and predictability of exchange rates before and after the collapse of the Bretton Woods System of fixed Exchange rates. To study the variations in the value of exchange rate of US, with respect to other major currencies and based on this, skunk the relative increase or decrease in the stability and predictability of exchange rates. To identify the reasons for the changing breaker point of predictability in exchange rates. To study the implications of the varying degrees of predictability of exchange rates, in