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In this paper we provide evidence for Evans and Lyons' (2005b) model of an information aggregation process in FX markets using a German bank's end-user order flow from 2002 to 2003. Though customer order flow is unambiguously the vehicle incorporating non-public information into exchange rates...
Persistent link: https://www.econbiz.de/10003453446
In this paper we provide evidence for Evans and Lyons' (2005b) model of an information aggregation process in FX markets using a German bank's end-user order flow from 2002 to 2003. Though customer order flow is unambiguously the vehicle incorporating non-public information into exchange rates...
Persistent link: https://www.econbiz.de/10012991150
Persistent link: https://www.econbiz.de/10009155453
Persistent link: https://www.econbiz.de/10010506187
Persistent link: https://www.econbiz.de/10003875663
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