Fratzscher, Marcel; Mehl, Arnaud - Federal Reserve Bank of Dallas - 2009
economies (EMEs) on configurations between the U.S. dollar, the euro and the yen. Given the difficulty that fixed or managed U … have a statistically but also an economically significant impact on the euro, and to a lesser extent the yen against the U … to the appreciation of the euro against the U.S. dollar in recent years. Interestingly, EME policy-makers appear to have …