Cepeda, Leonardo Egidio Torre; Panteleyeva, Olga Provorova - In: Economía Mexicana NUEVA ÉPOCA XVI (2007) 1, pp. 5-46
The paper analyzes the relationship between the Mexican peso/ USD exchange rate and the net positions of speculators in the peso futures market at the Chicago Mercantile Exchange within the microstructure approach to exchange rate determination. For the period January 5th, 1999-November 1st,...