We estimate the effects of quantitative easing (QE) measures by the ECB and the Federal Reserve on the US dollar-euro … 2016 depreciated the euro vis-à-vis the US dollar by 12%. Regarding transmission channels, we find that a relative QE shock … that expands the ECB's balance sheet relative to that of the Federal Reserve depreciates the US dollar-euro exchange rate …

In previous studies, we estimated a time series of coefficients on five international currencies (the US dollar, the … of international currencies. The time series show that the utility of the US dollar as an international currency has … euro, the Japanese yen, the British pound, and the Swiss franc) in a utility function. We call the coefficients utilities …

In previous studies, we estimated a time series of coefficients on five international currencies (the US dollar, the … of international currencies. The time series show that the utility of the US dollar as an international currency has … euro, the Japanese yen, the British pound, and the Swiss franc) in a utility function. We call the coefficients utilities …

euro and USD to yen decreased gold prices in the short term only on five occasions. Consistent with the market efficiency …-19 crisis to determine whether exchange rates similarly impacted gold prices during crises between May 2007 and May 2021 …. We find the following: (1) Exchange rates predominantly increase gold prices, having failed to decrease prices during the …

The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange … rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the … correlations dynamics of exchange rates, relative inflation rates, long-term interest rates, economic sentiments and money supply …

The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange … rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the … correlations dynamics of exchange rates, relative inflation rates, long-term interest rates, economic sentiments and money supply …

The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange … rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the … correlations dynamics of exchange rates, relative inflation rates, long-term interest rates, economic sentiments and money supply …

The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange … rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the … correlations dynamics of exchange rates, relative inflation rates, long-term interest rates, economic sentiments and money supply …

The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange … rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the … correlations dynamics of exchange rates, relative inflation rates, long-term interest rates, economic sentiments and money supply …

exclusively in dollars have little difficulty borrowing from abroad. Global portfolios shifted sharply away from the euro and … global willingness to hold the US dollar, an international currency bias, means that even small US firms that borrow …