Wang, Xiaoyong; Wang, Zanxin - In: Borsa Istanbul Review 22 (2022) 1, pp. 133-144
Empirical studies have shown that Federal Open Market Committee (FOMC) announcements affect the exchange rate. Because … change (DC), this study analyzes the effects of specific FOMC announcements on exchange rates, specifically examining the … volatility based on time-series data, our variable for DC volatility is sensitive to the effects of specific FOMC announcements …