economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US … have a statistically but also an economically significant impact on the euro, and to a lesser extent the yen against the US … the appreciation of the euro against the US dollar in recent years. Interestingly, EME policy-makers appear to have become …

moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …

correlations. We then apply the correlation forecasts to two policyrelevant topics, to produce scenario analyses for the euro …

for a broad range of fixed income instruments such as government and nongovernment instruments in the US dollar and … Japanese yen bond markets. The reference returns result from a regime-switching Nelson-Siegel yield curve model following …

dollar ; euro ; German dominance hypothesis …This paper assesses whether the international monetary system is already tripolar and centred around the US dollar, the … euro and the Chinese renminbi (RMB). It focuses on what we call China's "dominance hypothesis", i.e. whether the renminbi …

Foreign exchange reserve accumulation has risen dramatically in recent years. The introduction of the euro, greater … increased the pressure on central banks to diversify away from the US dollar. A major portfolio shift would significantly affect … exchange rates and the status of the dollar as the dominant international currency. We develop a dynamic mean …