This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …

This paper analyzes the factors underlying the weakness of the euro. For this purpose, the framework advocated by … sample from 1980 to 2000. However, historical decompositions reveal that fluctuations since the introduction of the euro in …

This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to 'talk up' the euro have …

This paper studies the reaction of the conditional mean and volatility of the euro-dollar exchange rate to statements … value of the euro. We find that the Bundesbank has dominated the news coverage. We conclude that ECB statements have mainly … influenced conditional volatility. In some cases there are effects of statements on the conditional mean of the euro …

The aim of the research is the evaluation of the exchange rate of the Euro after the first six months of its existence … Euro external value is strictly connected with the agents? confidence on real, financial and foreign exchange markets; (ii … determined a short-term capital outflow in favour of US Dollar denominated assets and, hence, an Euro depreciation. The …