Summary of Yesterday
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
- Standard Deviation:
Overall Trend of the Exchange Rates
Upon examining the dataset closely, it can be determined that the exchange rates have a slight increasing trend over the period shown. The exchange rate starts from 1.06825 and ends at 1.07012. Although the changes are not consistently upward and there are fluctuations, the general movement is upward. However, these changes are relatively minor in magnitude, indicating that the exchange rate has remained broadly stable during this period.
Seasonality or Recurring Patterns in the Changes of Exchange Rates
In this dataset, there doesn't appear to be a clear pattern or seasonality that is immediately identifiable. The fluctuations in the exchange rate don't follow a specific recurring pattern within the daily period provided. However, to conclude definitively on seasonality, a larger dataset comprising multiple periods (like weeks, months, or years) would be required.
Outliers in the Dataset
The timeseries data appears to be fairly consistent, with no significant jumps or falls in the exchange rate within the provided timeframe. It may be concluded that there aren't any noticeable outliers, where the exchange rate differs significantly from the overall trend. Generally, it appears the exchange rates have remained within a close range of values, indicating a period of relative stability.
Concerning the request, this analysis has been solely based on the time-series data provided and doesn't take into account external factors such as market opening/closing hours, weekends/holidays, or the release of key financial news and reports. However, it's important to note that these factors could potentially have significant impacts on the exchange rates.
As per the request, no prediction for future rates has been made based on this data. However, a larger dataset with a longer time frame would enable more robust trend analysis and potential forecasting if needed in the future.