Impending JPY Freefall as Exchange Rates Hit Low Ebb
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 of the Exchange Rates
An initial review of the data shows that the exchange rates have slightly decreased over the period shown. The exchange rate started from 0.0088 and fell to 0.00874 by the end of observed timespan. However, the change is relatively small indicating that the overall trend is almost stable with only mild fluctuations.
Seasonality or Recurring Patterns
Upon visual examination of the data, there doesn't appear to be a clear seasonal or recurring pattern within the timespan provided. The variability in exchange rates is relatively low suggesting a consistent trading range. More advanced statistical analysis would state precisely if a more subtle, less visible seasonal pattern exists.
Outliers
Close examination of the dataset does not reveal any immediate outliers or instances where the exchange rate varies significantly from the general range of observed values. The exchange rates are relatively stable with small oscillation which is expected based on the current trend.
Additional Analysis
There are many other factors which influence exchange rates and can lead to significant fluctuations. However, you have clarified that I should not consider specific events or external factors such as market opening/closing hours, weekends/holidays, release of key financial news, and reports. So, this analysis is limited to the current dataset and does not include these external factors.
Note: For a more thorough and comprehensive analysis, a dataset covering a longer time span might be useful. This would allow for more firmly defined trends and patterns to emerge, and potentially provide a clearer picture of the factors affecting these exchange rates.