We analyze total, asymmetric and frequency connectedness between oil and forex markets using high-frequency, intra … with realized semivariances to account for asymmetric and frequency connectedness, we obtain interesting results. We show … that divergence in monetary policy regimes affects forex volatility spillovers but that adding oil to a forex portfolio …

the inclusion of exchange rate to determine its effect on the volatility of stock returns. Findings - The findings support … the presence of cointegration relationship between the variables for all countries. The results reveal significant … accounts for a slight change in the volatility of stock returns. Originality/value - The research provides empirical evidence …