moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …

euro and the Chinese renminbi (RMB). It focuses on what we call China's “dominance hypothesis”, i.e. whether the renminbi …, a direct reference to the old “German dominance hypothesis” which ascribed to the German mark a dominant role in Europe …

Foreign exchange reserve accumulation has risen dramatically in recent years. The introduction of the euro, greater … currencies. Making various assumptions on expected currency returns and the variance-covariance structure, we assess how the euro …-free) currency. (ii) The optimum portfolios show a much lower weight for the euro than is observed. This suggests that the euro may …

Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is …

Foreign exchange reserve accumulation has risen dramatically in recent years. The introduction of the euro, greater … currencies. Making various assumptions on expected currency returns and the variance-covariance structure, we assess how the euro …-free) currency. (ii) The optimum portfolios show a much lower weight for the euro than is observed. This suggests that the euro may …

euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …, a direct reference to the old “German dominance hypothesis” which ascribed to the German mark a dominant role in Europe …