Gnabo, Jean-Yves; Teiletche, Jérôme - In: Journal of International Financial Markets, … 19 (2009) 3, pp. 432-446
This study extends the traditional set of central bank's interventions to include official announcements in order to provide empirical evidence on two pivotal questions: (i) are FX authorities able to influence market expectations with different instruments? (ii) how should interventions be...