2024-04-26 US Dollar News
2024-04-25
Summary of Yesterday
- Opening:
- Closing:
- Difference of Opening & Closing:
- Daily High:
- Daily Low:
- Difference of Daily High & Low:
Statistical Measures
- Mean:
- Standard Deviation:
Trend
Overall Trend Analysis
The overall trend of the exchange rate shows both periodic peaks and troughs throughout the dataset. The value started from 1.36908 and declined until around 1.365 trades per dollar. This suggests a general decreasing trend in the exchange rate over the period shown in the data.
Pattern and Seasonality Identification
There seems to be observable daily volatility in the data, which suggests that the exchange rate is influenced by the daily trading activities. Additionally, by observing the data, there are fluctuations in the rate in shorter periods as well, hinting towards intra-day seasonality. However, without knowing the exact time of day for each timestamp, it can be challenging to specify the precise nature of these intraday patterns.
Outliers Identification
Although relative stability is common in exchange rate data, some significant spikes and dips can nonetheless be seen. For instance, there exist some observable jumps at the value around 1.37265 and dips around 1.36785. These might be considered as outliers as we don't see such significant changes frequently over the timestamps.
In conclusion, the exchange rate data provided shows a general decline over time and displays daily volatility, suggesting the influence of daily trading activities. The presence of several outliers indicates significant changes in the rate at specific instances. Further analysis could potentially reveal the causes of these outliers.