Integrating Oil Price Shocks and China–US Geopolitical Risk: A GRU-BiLSTM-Transformer Dynamic Fusion Forecasting Framework for USD/CNY Volatility
Forecasting USD/CNY exchange rate volatility is of substantial practical significance for the management of cross-border capital flows and the formulation of monetary policies. In recent years, multiple external shocks arising from China–US geopolitical tensions and sharp fluctuations in the international crude oil mar...