Intraday movements in the yen/dollar rate are examined over the 1980-86 period using opening and closing quotes in the … and U.S. stock prices suggests that intraday yen/dollar rate movements do contain at least some relevant information …

It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite … the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an … excessively small share of yen invoicing: First, a strong tendency of Japanese exporters to choose importer's currency in their …

Market impacts of Japanese macroeconomic announcements within minutes on the dollar/yen foreign exchange are analyzed …-term business survey conducted by Bank of Japan), GDP, industrial production (preliminary), PPI, CPI (Tokyo area), the unemployment …

Market impacts of Japanese macroeconomic announcements within minutes on the dollar/yen foreign exchange are analyzed …-term business survey conducted by Bank of Japan), GDP, industrial production (preliminary), PPI, CPI (Tokyo area), the unemployment …

It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite … the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an … excessively small share of yen invoicing: First, a strong tendency of Japanese exporters to choose importer's currency in their …

Intraday movements in the yen/dollar rate are examined over the 1980-86 period using opening and closing quotes in the … and U.S. stock prices suggests that intraday yen/dollar rate movements do contain at least some relevant information …

This paper examines the efficiency of the forward yen/dollar market using micro survey data. We first argue that the …

The survey data on the yen/dollar exchange rate, collected twice a month for eight years from 1985 to 1993, shows the … includes sub-periods of sharp yen appreciations and of relative calm, and with respect to different specifications. Third, the …. Although the history of the yen/dollar exchange rate fluctuations in the past two decades shows mean reversion over several …