Summary: The Australian Dollar has continued its previous growth after recent Chinese economic data showed stronger than expected performance. The Great British Pound is struggling due to Brexit uncertainty. Expected interest rate cuts are weakening the Euro and U.S. Dollar. Australian Dollar vs. Pound Sterling The Australian dollar is on the rise. The Reserve Bank […]
Summary The US dollar is losing value in comparison to developing nations such as the Indonesian Rupiah and the Brazilian Real Impact such as the Fed Cutting Interest Rates and Trade war is impacting the dollar value in comparison to other nations I Know First model correctly predicted this prior to the change in percentages […]
In this forecast evaluation report, we will examine the performance of the forecasts generated by the I Know First AI Algorithm for the currency market with short term time horizons ranging from 1 to 6 days, which were delivered daily to our institutional clients. Our analysis covers the time period from 28 March 2019 to 30 June 2019.
Summary Headlines surrounding political tensions continue to dictate currency trading levels Central Banks relaxed monetary policies weaken Euro against the Australian Dollar. G20 summit hold last week in a hot political context was expected to soothe relations between the U.S, Canada and China, having a positive impact on the FX markets. Australian Dollar versus Euro Australian Dollar gained 1.27% over Euro during the last week, extending rebound begun a couple of weeks ago. The Australian dollar reacted positively to the RBA […]
