in US dollar terms. Euro, British pound, Chinese yuan, and Japanese yen are modelled using a variety of non-linear models …This paper features an analysis of major currency exchange rate movements in relation to the US dollar, as constituted … that there is no dominating class of time series models, and the different currency pairs relationships with the US dollar …

quantify the effects that EMU may exert on the roles of the dollar and the yen as the other major international currencies …. Estimates presented indicate that the euro may indeed lead to a significant decline in the market share of the dollar as an … assumption that the euro will achieve a reputation similar to that of the deutschmark before EMU. The projected shifts can be …