Day of the Week Effect on the World Exchange Rates through Fractal Analysis
Date Issued
2024-06
Author(s) USM
DOI
10.3390/fractalfract8060340
Abstract
The foreign exchange rate market is one of the most liquid and efficient. In this study, we address the efficient analysis of this market by verifying the day-of-the-week effect with fractal analysis. The presence of fractality was evident in the return s
