proliferated ranging from fundamentals such as differences in growth prospects to psychological factors such as herd behaviour, but …

One year ago most economic observers predicted that "fundamentals" were such that the euro was set to appreciate. In …

questionnaire evidence. We find that fund managers and FX dealers differ significantly. Fund managers rely more on fundamentals …

This paper investigates the out-predictability of fundamentals and forecast combinations. By adopting a panel … different fundamentals under consideration in out-of-sample contests. It provides strong evidence to out-predict the random walk … statistical significance of beating the random walk. Third, combining forecasts from different fundamentals that have relatively …

, allowing a role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro … exchange rate mainly danced to its own tune, with a particularly low explanatory power for macroeconomic fundamentals. The …

during crises depends on the tail properties of the fundamentals’ distribution. We denote crisis linkages as either strong or … crisis levels, the probability that the other currency breaks down as well vanishes asymptotically if the fundamentals … fundamentals. …

fundamentals coupled with OECD-wide abundant liquidity. Regarding the latter two factors, principal component analysis was used … analysis finds that both economic fundamentals and liquidity have played a statistically significant role in driving the common … had fallen below what could be explained by economic fundamentals and liquidity ... Les déterminants des primes de risque …

behaviour from a ‘convergence-trade’ model before August 2007 to one driven by macro-fundamentals and international risk …