Review: Kölner R Meeting 19 July 2013

Despite the hot weather and the beginning of the school holiday season in North Rhine Westphalia the Cologne R user group met yet again for two fascinating talks and beer and schnitzel afterwards. Analysing Twitter data to evaluate the US Dollar / Euro exchange rates Dietmar Janetzko presented ideas to forecast US Dollar / Euro exchange rate movements for the following day. To forecast exchange rate movements, Dietmar distinguishes two school of thoughts.