that divergence in monetary policy regimes affects forex volatility spillovers but that adding oil to a forex portfolio … shocks dominate forex volatility connectedness, positive shocks prevail when oil and forex markets are assessed jointly …

This paper aims to examine the symmetric and asymmetric effects of third country exchange rate volatility on the trade … and import industries are the sample frame. We find that separating increased volatility from declines and introducing a … nonlinear adjustment to the volatility shows a more significant outcome than symmetric analysis. Different industries carry …