Short-term foreign exchange forecasting: decision making based on expert polls

The paper aims to analyze the decision making based on expert polls for short-term foreign exchange (FX) forecasting from the viewpoint of the economic behavior theory. The paper offers the assessment of the problem of decision making for forecasting and investment into foreign currency. This study analyzes the relative accuracy of expert polls and forecasts, based on historical data, in the prediction of the most liquid currency pairs (EUR/USD,...