In this update, I want to explain why typical bank FX forecasts are uninformative and why it is extreme events (and their impact on your business) that we should be concerned about.
In this update, I want to explain why typical bank FX forecasts are uninformative and why it is extreme events (and their impact on your business) that we should be concerned about.
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Derivatives in their most basic form have been documented as far back as Antiquity. Traces of their use can be dated to 600 BC, but are most commonly assumed to have had their first commercial application during the Roman Era (27 BC – 476 AD).
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Today is the 100th trading day (TD) of 2020, so I thought I would run numbers to give perspective on seasonal tendencies for the balance of the year based on an historical back test.
Topics: Articles