Using Predictive Machine Learning to Forecast FX Fluctuations

Our client covers all major currencies and markets. They also have a wide range of bespoke Foreign Exchange Risk Management Solutions. It is therefore vital for them to receive real time, precise information on the fluctuation of these currencies.

The problem they faced was the inability to accurately forecast how currencies will perform in the near future. There is no way to make a definitive prediction about how a currency will behave, but it is possible to make well-informed estimates.

We were tasked with developing a Predictive Machine Learning System which could use historical FX data to make predictions on the fluctuation of a currency.

After using large quantities of training data and making incremental changes, our team of PhD-level AI experts, quants and engineers managed to get an increase the FX prediction accuracy from 52% to 56%.