This paper provides a new perspective on the exchange rate disconnect puzzle by referring to the expectations building … mechanism in foreign exchange markets. Therefore, we analyze the role of expectations regarding macroeconomic fundamentals for … expected exchange rate changes. In doing so, we assess data for 31 economies from 2002 to 2017 and consider expectations …

developments into account while expectations for minor currencies react stronger to response policies. …

This paper provides a new perspective on the exchange rate disconnect puzzle by referring to the expectations building … mechanism in foreign exchange markets. We analyze the role of expectations regarding macroeconomic fundamentals for expected … expectations regarding GDP growth, inflation, interest rates, and current accounts. Our empirical findings show that fundamentals …

question analysed in this paper. In contrast to other studies we use expectations data instead of observable variables …. Therefore we analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. The … models using the categorical expectations data of the ZEW financial market survey. The expectation variables used to explain …

question analysed in this apper. In contrast to other studies we use expectations instead of realised data. Therefore we … analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. Using expected … short- and long-term interest rates and business expectations as explanatory variables we estimate latent structural models …

question analysed in this paper. In contrast to other studies we use expectations data instead of observable variables …. Therefore we analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. The … models using the categorical expectations data of the ZEW financial market survey. The expectation variables used to explain …

day-to-day changes in expectations of future US monetary policy, in the context of a study of day-to-day exchange rate … changes. We analyze more than 12 years of daily exchange rate data and show that continuous day-to-day changes in expectations …

This paper analyzes the role of uncertainty on both exchange rate expectations and forecast errors of professionals for … the adjustment of exchange rate expectations. Our findings are robust to different forecasting horizons and point to an …