This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …

function of a sample of exchange rate forecasters is asymmetric in the forecast error. Using forecasts of the euro …

This paper analyzes the factors underlying the weakness of the euro. For this purpose, the framework advocated by … sample from 1980 to 2000. However, historical decompositions reveal that fluctuations since the introduction of the euro in …

This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to 'talk up' the euro have …

This paper analyses the link between economic fundamentals and exchange rates by investigating the importance of real …-time data. We find that such economic news in the United States, Germany and the euro area have indeed been a driving force … behind daily US dollar - euro/DEM exchange rate developments in the period 1993-2003. The larger importance of US …

force in world capital markets, although the importance of EU monetary policy decisions has been increasing and a Euro bloc …

predictions of euro exchange rates leads to improvements in predictive accuracy as measured by the mean square forecast error …We analyze the performance of Bayesian model averaged exchange rate forecasts for euro/US dollar, euro/Japanese yen …, euro/Swiss franc and euro/ British pound rates using weights based on the out-of-sample predictive likelihood. The paper …

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 …