Jansen, David-Jan; Haan, Jakob de - 2003
officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …