Fatum, Rasmus; Hutchison, Michael M.; Wu, Thomas - 2009
intraday JPY/USD exchange rate responses to a broad set of comparable news surprises from both the U.S. and Japan. We show that … news surprises from Japan are as influential as those from the U.S. in moving 5-minute JPY/USD exchange rate returns and …://www.econ.ku.dk/epru/
Do Both U.S. and Foreign Macro Surprises Matter for
the Intraday Exchange Rate? Evidence from Japan
Rasmus Fatum …