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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 …
Persistent link: https://www.econbiz.de/10003825947
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While up to the late 1990s Japanese foreign exchange intervention was fully sterilized, Japanese monetary authorities left foreign exchange intervention unsterilized when Japan entered the liquidity trap in 1999. According to previous research on foreign exchange intervention, unsterilized...
Persistent link: https://www.econbiz.de/10003337476
euro and the Chinese renminbi (RMB). It focuses on what we call China's "dominance hypothesis", i.e. whether the renminbi … dollar ; euro ; German dominance hypothesis …
Persistent link: https://www.econbiz.de/10009380945
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moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …
Persistent link: https://www.econbiz.de/10003794160
fundamentals of safe haven currencies are. We analyse a large panel of 52 currencies in advanced and emerging countries over almost …
Persistent link: https://www.econbiz.de/10008901495
correlations. We then apply the correlation forecasts to two policyrelevant topics, to produce scenario analyses for the euro …
Persistent link: https://www.econbiz.de/10002817395