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But in the past, exchange executives have said that they offered their products equally to anyone who pays, much like an airline offers equal access to first-class airline tickets.
"We don't do any screening, but there's a lot of due diligence you can do that really doesn't take much effort," Mr. Kushins said, like calling past exchange partners for feedback.
The prediction efficiency is validated using past exchange rates not used for training purpose.
In the literature, there are three main candidates for (x_{t}): past exchange rates, past expected exchange rates, and long-term equilibrium values of the exchange rate.
We considered four key fundamentals to regress (individually) against agent's forecast errors, consisting of: meeting dates of the central bank's board of directors, changes in the announced policy rate, the forward discount, and past exchange rate changes.
In this last case, traders and analysts answering the survey could have improved their forecasts by incorporating information from the forward discount, past exchange rate changes, policy meetings, or the policy rate.
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Federer, a tennis history buff, did his best to honor the past: exchanging groundstrokes in São Paulo with the 73-year-old Maria Bueno, the Brazilian women's star who won seven Grand Slam singles titles.
I do not know the source of that original document but assumed it was sent to me because of my past exchanges with Heartland and because I was named in it.
"Mindful of the status quo election and past exchanges on these questions, we recognize it would be counterproductive to publicly or privately propose entitlement reforms that you and the leaders of your party appear unwilling to support in the near term," Republican leaders wrote in a letter to Mr. Obama.
Iran would answer questions about its clandestine nuclear past in exchange for a series of concessions.
I wouldn't be able to drive past the exchange knowing that I can't shop there.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com