This paper focuses on a possible explanation for the weakness of the euro, namely the lack of transparency of the … analyze directly the impact of higher uncertainty on the euro-dollar exchange rate. The empirical findings are in line with … European interest rates, capital outflows, and a weaker euro vis-a-vis the U.S. dollar …

rate (the policy spread) for the euro area and the UK during the two main phases of the financial crisis that began in late … apparent in the post-Lehman collapse phase of the crisis for the euro area as financial CDS premia rose due to possible default …

rate (the policy spread) for the euro area and the UK during the two main phases of the financial crisis that began in late … apparent in the post-Lehman collapse phase of the crisis for the euro area as financial CDS premia rose due to possible default …