DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA

Exchange rate markets are quite sensitive to unexpected news and events. Over the last few years, investor’s sentiments toward exchange rate have been used to provide early indicators and predict future movements. This research use data mining of investor’s sentiments through social media, news arti...

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Bibliographic Details
Main Author:	Iwantoro, Tiffany
Format:	Final Project
Language:	Indonesia
Online Access:	https://digilib.itb.ac.id/gdl/view/78739
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Institution:	Institut Teknologi Bandung
Language:	Indonesia

id	id-itb.:78739
spelling	id-itb.:787392023-11-13T15:31:50ZDISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA Iwantoro, Tiffany Indonesia Final Project Sentiment analysis, Data mining, Exchange rate, Social Media, LWIC, Event analysis INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/78739 Exchange rate markets are quite sensitive to unexpected news and events. Over the last few years, investor’s sentiments toward exchange rate have been used to provide early indicators and predict future movements. This research use data mining of investor’s sentiments through social media, news articles, websites, blogs, forums, and group discussion to model and forecast exchange rate. Daily data on the nominal exchange rate of major global currencies— USD, EUR, and JPY against the IDR (Indonesian Rupiah) are collected from the entire year of 2015. The methodologies used in this paper are big data analysis using LWIC (Linguistic Inquiry and Word Count) and event analysis.The expected outcome of this research is that the market sentiment can significantly predict the future price of the currency and find out which channel that can strongly predict the future prices. The exchange rate model or trend can also be useful information for institutional investors, individual traders, corporations, or even governments text
institution	Institut Teknologi Bandung
building	Institut Teknologi Bandung Library
continent	Asia
country	Indonesia Indonesia
content_provider	Institut Teknologi Bandung
collection	Digital ITB
language	Indonesia
description	Exchange rate markets are quite sensitive to unexpected news and events. Over the last few years, investor’s sentiments toward exchange rate have been used to provide early indicators and predict future movements. This research use data mining of investor’s sentiments through social media, news articles, websites, blogs, forums, and group discussion to model and forecast exchange rate. Daily data on the nominal exchange rate of major global currencies— USD, EUR, and JPY against the IDR (Indonesian Rupiah) are collected from the entire year of 2015. The methodologies used in this paper are big data analysis using LWIC (Linguistic Inquiry and Word Count) and event analysis.The expected outcome of this research is that the market sentiment can significantly predict the future price of the currency and find out which channel that can strongly predict the future prices. The exchange rate model or trend can also be useful information for institutional investors, individual traders, corporations, or even governments
format	Final Project
author	Iwantoro, Tiffany
spellingShingle	Iwantoro, Tiffany DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA
author_facet	Iwantoro, Tiffany
author_sort	Iwantoro, Tiffany
title	DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA
title_short	DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA
title_full	DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA
title_fullStr	DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA
title_full_unstemmed	DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA
title_sort	discovering the relations between market sentiment and exchange rate: using social media in indonesia
url	https://digilib.itb.ac.id/gdl/view/78739
_version_	1822995876069507072

DISCOVERING THE RELATIONS BETWEEN MARKET SENTIMENT AND EXCHANGE RATE: USING SOCIAL MEDIA IN INDONESIA

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