This paper investigates whether global imbalance in the size of the exchange rates order flow introduces asymmetric linkages.

This book investigates US-UK monetary relations, 1791 to 1931.

This book is designed to serve as your guide through the intricate world of scalping the major forex pairs.

The foreign exchange (currency or forex or FX) market exists wherever one currency is traded for another.

... GBP against JPY. We will call this the original contract. • Alternatively, the investor can first buy USD with JPY, and then immedi- ately exchange the USD for GBP. This is a combination of two contracts. It replicates the original ...

... GBP . It can do so directly . The num- ber of British pounds to be received per unit of INR is given as INR / GBP . The firm can also get pounds indirectly from INR to USD and then from USD to GBP . This is diagrammati- cally ...

... USD - JPY / USD 200 0.536 1.111 1.033 DEM / USD - GBP / USD 150 0.711 1.212 1.085 JPY / USD - GBP / USD 100 0.412 1.138 1.129 DEM numéraire USD / DEM - JPY / DEM 200 0.451 1.112 1.065 USD / DEM - GBP / DEM 300 0.46 1.291 1.215 JPY ...

This paper reexamines some unsettled theoretical and empirical issues regarding the relationship between nominal exchange rates and interest rate differentials and provides a model for the behavior of exchange rates in the long run, where ...

In the debate on forecasting exchange rates, critics claimed that traditional macroeconomic models could not outperform a random walk in post-sample forecasts.