euro and the Chinese renminbi (RMB). It focuses on what we call China's “dominance hypothesis”, i.e. whether the renminbi …

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

role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange …This paper studies the determinants of the euro exchange rate during the European sovereign debt crisis, allowing a … rate mainly danced to its own tune, with a particularly low explanatory power for macroeconomic fundamentals. Among the few …

of models to include Taylor rule fundamentals, yield curve factors, and incorporate shadow rates and risk and liquidity … correction and first-difference specifications. We examine model performance at various forecast horizons (1 quarter, 4 quarters …

triggered a significant strengthening of the US dollar, rather than a weakening. Macroeconomic fundamentals and financial …

euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …

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

traditional portfolio objectives as debt to reserve ratios decrease. We empirically estimate optimal dollar and euro shares for 24 … reserve ratios, introducing transactions demand has a elatively modest effect. We also find that euro and dollar bonds act as … sudden stops in Asia and Latin America, while the euro is a better hedge for sudden stops in Emerging Europe. We reproduce …

fundamentals of safe haven currencies are. We analyse a large panel of 52 currencies in advanced and emerging countries over almost …