Bantang, Johnrob; Lim, May; Castro, Patricia Arielle; … - arXiv.org - 2003
We show that time-dependent fluctuations $\{\Delta x\}$ in foreign exchange rates are accurately described by a random walk in a complex plane that is demarcated into the gain (+) and loss (-) sectors. $\{\Delta x\}$ is the outcome of $N$ random steps from the origin and $|\Delta x|$ is the...