This paper tests the hypothesis on market efficiency for returns on the euro against fifteen currencies while assuming …, consisting of daily exchange rates between January first, 1999, and April thirty, 2020, the paper suggests profitable trading …

Dollar/Euro exchange rates have smaller daily jump probabilities by 20-30% than when we do not include the periodicity …Purpose – This paper examines the recently realized continuous volatility and discrete jumps of US Dollar/Euro returns …, the five minute returns of US Dollar/Euro have considerably smaller jump probabilities …

Euro Area, importers bear the main burden of the uncertainty. Mainly affected are countries like Germany, Italy, and the …When aiming at price stability, central banks closely monitor exchange rates. Their level is known to influence prices … level of uncertainty about future exchange rates into account when aiming at price stability. The study finds that in the …

rates EUR/GRD and EUR/ITL during the euro zone membership period. Leaving the euro area one can expect the following market … rates: EUR/GRD 600 and EUR/ITL 1850. That would mean 75% depreciation and 5% appreciation to the current euro parities EUR … exchange rates of hypothetical new currencies (re)introduced after Grexit and Italexit. Design/methodology/approach - Both …

-time data. We find that such economic news in the United States, Germany and the euro area have indeed been a driving force … behind daily US dollar - euro/DEM exchange rate developments in the period 1993-2003. The larger importance of US … macroeconomic news is at least partly explained by their earlier release time compared to corresponding German and euro area news …

From the onset of the euro crisis to the Brexit vote, we have witnessed impressive reductions of current account … imbalances in peripheral countries of the euro area. These reductions can be the result of either a compression of internal … demand or an improvement in external competitiveness. In this paper, we compute exchange rate misalignments within the euro …

investigating the role of the euro and the U.S dollar currencies. The paper uses transaction-level data of Malawian imports from the … European Union (EU) over a 12-year period, separating imports from the Economic and Monetary Union (EMU) members and non … capturing exchange rate and tariff pass-through. The variations in the results across EMU and non-EMU, currencies, and …

investigating the role of the euro and the U.S dollar currencies. The paper uses transaction-level data of Malawian imports from the … European Union (EU) over a 12-year period, separating imports from the Economic and Monetary Union (EMU) members and non … capturing exchange rate and tariff pass-through. The variations in the results across EMU and non-EMU, currencies, and …