A Visualization of the US Unemployment and its Relationship with Currencies

Author(s): Dhruva Krishna

Originally published on Towards AI.

April 2021 Release (March 2021 Performance)

Photo by Nick Chong on Unsplash

This article is an extension of a previous one, in which I attempt to validate the theoretical understanding of Non Farm Payrolls against historical data. I’m looking at the performance of a chart for an entire month after the NFP announcement, analysing movements until the next announcement rolls around. My methodology and presentation is as follows:

I begin by taking each month’s announcement, which relates to the expected change in employment as a result of the previous month’s economic performance. I note the forecasted value, the actual value and the net difference. This net difference will… Read the full blog for free on Medium.

Join thousands of data leaders on the AI newsletter. Join over 80,000 subscribers and keep up to date with the latest developments in AI. From research to projects and ideas. If you are building an AI startup, an AI-related product, or a service, we invite you to consider becoming a sponsor.

Published via Towards AI