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    ARTICLE

    Machine Learning-based USD/PKR Exchange Rate Forecasting Using Sentiment Analysis of Twitter Data

    Samreen Naeem1, Wali Khan Mashwani2,*, Aqib Ali1,3, M. Irfan Uddin4, Marwan Mahmoud5, Farrukh Jamal6, Christophe Chesneau7

    CMC-Computers, Materials & Continua, Vol.67, No.3, pp. 3451-3461, 2021, DOI:10.32604/cmc.2021.015872 - 01 March 2021

    Abstract This study proposes an approach based on machine learning to forecast currency exchange rates by applying sentiment analysis to messages on Twitter (called tweets). A dataset of the exchange rates between the United States Dollar (USD) and the Pakistani Rupee (PKR) was formed by collecting information from a forex website as well as a collection of tweets from the business community in Pakistan containing finance-related words. The dataset was collected in raw form, and was subjected to natural language processing by way of data preprocessing. Response variable labeling was then applied to the standardized dataset,… More >

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