This dashboard helps you to decide what to do with your money, based on the forecast of the EUR-USD rate.
Use Case Objective
By accurately forecasting the currency prices between the
Euro and
US Dollar, we can
arbitrate and buy long or sell short at the right time.
An appropriate
trading strategy is necessary to use the predictions generated by TIM most effectively in different situations. In this example we classify price fluctuations as up or down and then take action accordingly:
- Buy: when you are currently holding euros and the dollar price is predicted to go up
- Sell: when you are currently holding dollars and the dollar price is predicted to go down
- Hold: when you are currently holding dollars and the dollar price is predicted to go up
- Wait: when you are currently holding euros and the dollar price is predicted to go down
