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Expectation errors and exchange-rate volatility

โœ Scribed by Patrick Honohan


Book ID
113247508
Publisher
Elsevier Science
Year
1984
Tongue
English
Weight
585 KB
Volume
6
Category
Article
ISSN
0164-0704

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## Abstract The purpose of this paper is to implement theoretically, the observation that the relative importance of fundamental versus technical analysis in the foreign exchange market depends on the time horizon in currency trade. For shorter time horizons, more weight is placed on technical anal