Scheduled System Maintenance on May 29th, 2015:
IEEE Xplore will be upgraded between 11:00 AM and 10:00 PM EDT. During this time there may be intermittent impact on performance. We apologize for any inconvenience.
By Topic

A New Method for Analyzing Correlations Among Currency Exchange Rates

Sign In

Cookies must be enabled to login.After enabling cookies , please use refresh or reload or ctrl+f5 on the browser for the login options.

Formats Non-Member Member
$31 $13
Learn how you can qualify for the best price for this item!
Become an IEEE Member or Subscribe to
IEEE Xplore for exclusive pricing!
close button

puzzle piece

IEEE membership options for an individual and IEEE Xplore subscriptions for an organization offer the most affordable access to essential journal articles, conference papers, standards, eBooks, and eLearning courses.

Learn more about:

IEEE membership

IEEE Xplore subscriptions

2 Author(s)
Hai-Zhou Li ; City Univ. of Hong Kong, Hong Kong ; Hong Yan

The correlation between different currency exchange rates has been studied for many years and a number of techniques have been developed. In this paper, we present a new algorithm to analyze the correlation between exchange rates based on biclustering. This algorithm is comprised of two parts. In the first part, the fast Hough transform is used to detect the lines in the exchange rate pair space. This phase is also called sub-biclustering and every line identified represents a sub-bicluster. In the second part, the sub-biclusters are combined based on comparison and merging. Experiment results show that this biclustering algorithm is very effective. The bicluster patterns are consistent with the underlying economic reasons.

Published in:

Machine Learning and Cybernetics, 2007 International Conference on  (Volume:1 )

Date of Conference:

19-22 Aug. 2007