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fundamentals underlying the behavior of the real exchange rate. Panel cointegration techniques allow for the extraction, using an … fundamentals since then, the slide during 1999 has widened the misalignment. Since 1998, the equilibrium rate of the euro has …This paper attempts to measure the degree of misalignment of the euro - in particular against the dollar - by …
Persistent link: https://www.econbiz.de/10014093303
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
economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US … paper is to analyse the market impact on major currency pairs of official statements made by EME policy-makers about their … have a statistically but also an economically significant impact on the euro, and to a lesser extent the yen against the US …
Persistent link: https://www.econbiz.de/10003825947
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
misalignment exists in the trilateral rates between the RMB, US$ and euro. The finding refutes the claim that RMB appreciation is …
Persistent link: https://www.econbiz.de/10003933130
misalignment exists in the trilateral rates between the RMB, US$ and euro. The finding refutes the claim that RMB appreciation is …
Persistent link: https://www.econbiz.de/10003933930
This paper studies the dynamics of volatility transmission between Central European currencies and euro/dollar foreign … significant spillovers running from euro/dollar to the Central European foreign exchange markets. To measure the overall magnitude …
Persistent link: https://www.econbiz.de/10003969723
Using four years of second-by-second executed trade data, we study the intraday effects of a representative group of scheduled economic releases on three exchange rates: EUR/$, JPY/$ and GBP/$. Using wavelets to analyze volatility behavior, we empirically show that intraday volatility clusters...
Persistent link: https://www.econbiz.de/10008654275
euro and the Chinese renminbi (RMB). It focuses on what we call China's "dominance hypothesis", i.e. whether the renminbi … dollar ; euro ; German dominance hypothesis …
Persistent link: https://www.econbiz.de/10009380945
, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates (against the US dollar) during the period 1994-2003. Using … formal decision to proceed with the euro was made in December 1996 and at the time of the actual introduction of the euro in …
Persistent link: https://www.econbiz.de/10011343243