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The aim of the research is the evaluation of the exchange rate of the Euro after the first six months of its existence … Euro external value is strictly connected with the agents? confidence on real, financial and foreign exchange markets; (ii … determined a short-term capital outflow in favour of US Dollar denominated assets and, hence, an Euro depreciation. The …
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This article examines speculative attacks against the Greek drachma from 1960 until the adoption of the euro in 2001 …
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nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …
Persistent link: https://www.econbiz.de/10013230968
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 …
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The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic … empirical research on the - transitory - decline of the Euro. Issues of exchange rate policy and international economic …
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