Schulmeister, Stephan - In: Banca Nazionale del Lavoro Quarterly Review 41 (1988) 167, pp. 343-365
pattern is systemically exploited through currency speculation, particularly through the use of “technical analysis”. In the … disequilibria in the goods and asset markets. Although currency speculation has been systemically profitable for most currencies, it … should be considered to be destabilizing since the sequence of price runs caused large and persistent deviations of exchange …