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Persistent link: https://www.econbiz.de/10000666597
force in world capital markets, although the importance of EU monetary policy decisions has been increasing and a Euro bloc …
Persistent link: https://www.econbiz.de/10013320230
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 …
Persistent link: https://www.econbiz.de/10014223183
developments (and particularly, developments in the US dollar/euro exchange rate) may contain information about oil price changes … from the euro area and (c) alternatives to oil invoicing in US dollar are costly. We give evidence that using information … on the US dollar/euro exchange rate (and its determinants) improves oil price forecasts significantly. We discuss …
Persistent link: https://www.econbiz.de/10009731788
economic variables determine a given country’s currency bloc affiliation. The dollar bloc differs from the euro bloc in that …
Persistent link: https://www.econbiz.de/10009129843
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This paper analyses mutual causalities between crude oil price and euro / US dollar exchange rate. Instead of focusing …
Persistent link: https://www.econbiz.de/10003727689
The aim of this paper is to discuss excess comovements for the Euro/US dollar and British pound/US dollar exchange … rates, i.e. we look for comovements of exchange rates which are stronger than implied by fundamentals. The results of the …
Persistent link: https://www.econbiz.de/10003905664