how to read a correlation table
What Are "the Number Of Points" In The Correlation Table?
Could you please explain what the 'points' are when calculating/looking at the correlation tables?In Wikipedia we can read:In probability theory and statistics, correlation, (often measured as a correlation coefficient), indicates the strength and direction of a linear relationship between two random variables. In general statistical usage,
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Yen strengthened
FXstreet.com (Jakarta) ? The Japanese Yen (JPY) strengthened considerably as the crosses joined the USD/JPY is sliding aggressively. AUD/JPY was a leader on the way up and also led on the way down. ?Overall the USDJPY traded with a low of 95.11 and a high of 96.71 before closing the day around 95.45 in the New York sesión,? said Easy Forex Team.For more information, read our latest forex news.
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Sterling closing the day at 1.4675
FXstreet.com (Jakarta) - The Sterling (GBP) had a mixed day coming under pressure in Europe as Q1 GDP came out at -1.9% vs. -1.6% previously. Helping the pair off lows was the better than expected March Retail Sales at 0.3% vs. -0.3%. Easy Forex Team said: ?Overall the GBP/USD traded with a low of 1.4577 and a high of 1.4773 before closing the day at 1.4675 in the New York session.?For more information, read our latest forex news.
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Sterling closing at 1.4780
FXstreet.com (Jakarta) - The Sterling (GBP) was able to overextend gains on the back of GFK consumer confidence jumping to -27 vs. -29 previously. Nationwide HPI was at -0.4% vs. -1.2% previously.Easy Forex Team said: ?Overall the GBP/USD traded with a low of 1.4705 and a high of 1.4946 before closing the day at 1.4780 in the New York session.?For more information, read our latest forex news.
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Sterling closing at 1.4750
FXstreet.com (Jakarta) - The Sterling (GBP) tracked the EURO higher with the GBP/JPY especially buoyant. EUR/GBP remained in a tight range which underpinned the relationship of the majors.Overall the GBP/USD traded with a low of 1.4635 and a high of 1.4812 before closing the day at 1.4750 in the New York session, said Easy Forex Team. For more information, read our latest forex news.
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Sterling closing at 1.5230
FXstreet.com (Buenos Aires) ? The Sterling (GBP) moved around a lot before finding solid support below 1.5100 and rallying to mid 1.52?s. EUR/GBP remained in the tight range developing just below 0.9000. GBP/JPY buying lifted the pair into the US session.?Overall the GBP/USD traded with a low of 1.5057 and a high of 1.5249 before closing the day at 1.5230 in the New York sesión,? said Easy Forex Team.For more information, read our latest forex news.
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Euro trade above 1.3400
FXstreet.com (Jakarta) - The Euro (EUR) traded above 1.3400 as Global optimism spiked before heavy profit taking sent the pair back to low 1.33?s. March PPI dropped -0.7% vs. -0.5% previously.EUR/GBP lost ground as traders got out of Euro positions ahead of the ECB meeting tomorrow. ?Overall the EUR/USD traded with a low of 1.3280 and a high of 1.3437 before closing at 1.3320,? said Easy Forex Team.For more information, read our latest forex news.
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Sterling closing at 1.4675
FXstreet.com (Jakarta) - The Sterling (GBP) found support below 1.46 before rebounding on better than expected economic data. CBI Distributive trades at +3 vs. -40 the first positive reading since last year. Easy Forex Team said: ?Overall the GBP/USD traded with a low of 1.4577 and a high of 1.4773 before closing the day at 1.4675 in the New York session.?For more information, read our latest forex news.
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What Are "the Number Of Points" In The Correlation Table?
Could you please explain what the 'points' are when calculating/looking at the correlation tables?In Wikipedia we can read:In probability theory and statistics, correlation, (often measured as a correlation coefficient), indicates the strength and direction of a linear relationship between two random variables. In general statistical usage,
how to read a correlation table - how to read correlation table - how to read correlation tables
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