Hello,
I am running regressions for daily exchange rate data and using Brexit-related news to see the effect of Brexit on the exchange rate. I'm using Brexit news as a dummy variable (BrexitRelated_1day) in regression to illustrate the impact of Brexit on the exchange rate (each day will have a value of 1 if there was major Brexit news on this day, 0 if not). I am also using domestic and foreign stock markets to interpret the effects of Brexit.
An example regression is:
reg closeperchange_GBPEUR BrexitRelated_1day perchangeSTOXX perchangeSP500 OIL_PRICE_change
As I have daily data for all variables, how can I run regressions of a certain day to measure the effects of Brexit on each event as opposed to an overall effect throughout the year?
Any guidance would be much appreciated
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