Forecast Exchangerate Denmark/Euro

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Marcy
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Joined: Mon Apr 06, 2015 2:50 am

Forecast Exchangerate Denmark/Euro

Postby Marcy » Mon Apr 06, 2015 3:14 am

Hi Guys,

This is my first post. So if i placed it in the wrong category, i do apologize. For my study economics I have to right a term paper about exchangerates and we have to use eviews. I want to do a out of sample forecast for the Danish krone/Euro, but i don't know how to do is. The data I use starts from 31-1-2006 till 28-02-2015 and it is monthly. I attached the data in an Excel file


DKK is denmark's krone
FX is amount of foreign currency the danish central bank has bought.

Most theses variables influence the value of the Krone. So do i have to forecast for example fx, the interest rates and growth in FX first in order to forecast the exchange rates? how do I do this?

I am not experienced with Eviews, so if you could explain the solution in steps it would be a great help!

Thank you in advance!
Attachments
data Denemarken.xlsx
(109.99 KiB) Downloaded 256 times

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