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The paper provides empirical evidence on the effects of ECB conventional and unconventional monetary policy on the euro … Governing Council meetings. Both types of measures contributed to the depreciation of the euro from mid-2014; surprises …
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This paper studies the reaction of the conditional mean and volatility of the euro-dollar exchange rate to statements … value of the euro. We find that the Bundesbank has dominated the news coverage. We conclude that ECB statements have mainly … influenced conditional volatility. In some cases there are effects of statements on the conditional mean of the euro …
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the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal …
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