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study the relationships between selected currencies in terms gold prices and their movements in volatility and correlation …
Persistent link: https://www.econbiz.de/10011185385
different movements of paired currencies (US index-US Gold, US Gold-Euro Gold, US Gold-Ringgit Gold, and Euro Gold-Pound Gold …
Persistent link: https://www.econbiz.de/10011185386
shock, for example, can affect the exchange rate between the euro and the yen. Since positive US demand shocks have a … greater positive impact on Japanese interest rates than on eurozone rates, the yen appreciates against the euro in response …. Using quarterly data on the U.S., the euro area and Japan from 1981 to 2006, this paper shows that the third …
Persistent link: https://www.econbiz.de/10011111112
world known as the Pax Americana. Nowadays, the weakness of the US dollar is making specialists wonder if we are witnessing … the end of Pax Americana and the beginning of something else, possibly a Pax Europea, led by the strength of the euro … performance of these two economic blocs. While the current exchange rate between the US dollar and the euro has been considered a …
Persistent link: https://www.econbiz.de/10005789886
usually present higher risks when considered on their own; for instance higher price volatility and fluctuating liquidity. We …
Persistent link: https://www.econbiz.de/10011189011
Indeed, the specification of equilibrium in the world economy depends on the exchange rate regime and thus, the early … foreign exchange markets. However, the world has known several exchange rate systems beginning with the fixed-gold standard … exchange was deregulated, independent traders finally had access to the biggest trading market of the world; and these forex …
Persistent link: https://www.econbiz.de/10005619306
perspectives, following the recent developments of the Marxist theory of world money. The paper treats the US Dollar as a primus … inter pares quasi-world money and challenges the argument of the US hegemony by exploring the behavior of major capitalist … hierarchical structure of the corresponding quasi-world moneys. Although part of a vast literature on international reserves, the …
Persistent link: https://www.econbiz.de/10011251891
Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and … is the only book in the world priced in 141 currencies (down from 147 in the 2006 edition.).This number is significant … the world - trillions. The multicurrency foreign exchange trading system was developed about 2,500 years ago to enable …
Persistent link: https://www.econbiz.de/10005835646
"3-G" world. It's common cents. …
Persistent link: https://www.econbiz.de/10005836848
In Italy the rate of growth of GDP has declined over the period 2000-2006, after joining the single currency. The decrease is not incidental, but it has a structural and long-term nature, so this decrease relates to the potential growth. This weakening of growth takes place in an international...
Persistent link: https://www.econbiz.de/10011258338