Reuters news reports have become an accepted tool for empirical studies analysing informational asymmetries in FX markets. This Paper tests the accuracy of the Reuters announcements against Swiss interventions. The evidence finds that the Reuters announcements are not tightly clustered just...

This study uses non-stationary econometrics to analyze asymmetry and dominance within the EMS through interest rate linkages between the French franc, the German deutsche mark and the US dollar. High frequency data (daily Eurorates from April 1983 to the end of 1992) are used for their better...

El estudio de las caracter¡sticas de los mercados de valores ha tenido en los £ltimos a¤os un compa¤ero imprescindible en la metodolog¡a de eventos. La necesidad de medir la reacci¢n del mercado ante distintos acontecimientos econ¢micos y financieros genera la necesidad de contar con...