Showing 1 - 4 of 4
We investigate the relation between foreign exchange (FX) order flow and the forward bias. We outline a decomposition of the forward bias according to which a negative correlation between interest rate differentials and order flow creates a time-varying risk premium consistent with that bias....
Persistent link: https://www.econbiz.de/10011396784
Persistent link: https://www.econbiz.de/10011707918
Persistent link: https://www.econbiz.de/10003976658
Persistent link: https://www.econbiz.de/10008772635