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It is also a technical indicator used in the technical analysis of foreign exchange market (Forex). It is intended to chart the current and historical strength or weakness of a currency based on the closing prices of a recent trading period. It is based on the relative strength index and mathematical decorrelation of 28 cross currency pairs.
GBP/USD. 1.2519405. 0.78%. USD/JPY. 157.476. 0.13% ... The Fed is far less relevant today than it would be during economic crises that demand sudden and significant changes to policy to address ...
But after the end of the war, the country was highly indebted: Britain owed £850 million (about £52.3 billion today) [79] with interest costing the country some 40% of all government spending. [80]
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Stock market today: Nvidia and other tech stocks drive Wall Street higher. U.S. stock indexes are rising Monday to recover more of the holiday-season slide that bridged the new year. The S&P 500 was 1.3% higher in midday trading and on track for a se…
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The term cable is a slang term used by foreign exchange traders to refer to the exchange rate between the pound sterling and US dollar. [1] The term originated in the mid-19th century, when the exchange rate between the US dollar and sterling began to be transmitted across the Atlantic by a submarine communications cable.
Linear Regression Intercept – uses regression analysis to compare price action to the predicted value, looking for high odds reversal signals. Linear Regression R2 – analyses the reliability ...