๐”– Bobbio Scriptorium
โœฆ   LIBER   โœฆ

Foreign-Exchange Trading Volume and Federal Reserve Intervention

โœ Scribed by Alain Chaboud; Blake LeBaron

Publisher
John Wiley and Sons
Year
2001
Tongue
English
Weight
95 KB
Volume
21
Category
Article
ISSN
0270-7314

No coin nor oath required. For personal study only.

โœฆ Synopsis

Abstract

We find a large positive correlation between daily trading volume in currency futures markets and
foreignโ€exchange intervention by the Federal Reserve over the period 1979 to 1996. Neither
contemporaneous nor predicted volatility can fully account for the increases in trading activity. Whether or not
the intervention operation is publicly reported appears to be an important determinant of trading volume. ยฉ
2001 John Wiley & Sons, Inc. Jrl Fut Mark 21:851โ€’860, 2001

๐Ÿ“œ SIMILAR VOLUMES

Foreign exchange trading models and mark
Foreign exchange trading models and market behavior
โœ Ramazan Genรงay; Michel Dacorogna; Richard Olsen; Olivier Pictet ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 209 KB

The contributions of this paper are twofold. First, the performance of a widely used commercial real-time trading model is compared with a simple exponential moving average model. Second, the trading models are used as diagnostic tools to evaluate the statistical properties of foreign exchange rates

The currency futures market and interban
The currency futures market and interbank foreign exchange trading
โœ Eric V. Clifton ๐Ÿ“‚ Article ๐Ÿ“… 1985 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 656 KB

he 1970s were a period of rapid change and innovation in foreign exchange T trading. There was the shift from fixed to floating exchange rates. There was a rapid increase in professional foreign exchange trading in the United States. And, there was the introduction of trading in foreign currency fut

Foreign exchange intervention and the Au
Foreign exchange intervention and the Australian dollar: has it mattered?
โœ Hali Edison; Paul Cashin; Hong Liang ๐Ÿ“‚ Article ๐Ÿ“… 2006 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 284 KB

## Abstract Since the Australian dollar was floated in December 1983, the Australian central bank (Reserve Bank of Australia) has actively intervened in the foreign exchange market. Using daily exchange rate and official intervention data from January 1984 to December 2001, this paper examines what

Myths and reality of foreign exchange in
Myths and reality of foreign exchange interventions: an application to Japan
โœ Takatoshi Ito ๐Ÿ“‚ Article ๐Ÿ“… 2007 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 244 KB

## Abstract The objective of this paper is to examine what we know, and do not know, about foreign exchange interventions by the monetary authorities, and to present some new evidence on the Japanese intervention activities. With limited data, efforts are made to determine whether some conventional

Do technical trading rules generate prof
Do technical trading rules generate profits? Conclusions from the intra-day foreign exchange market
โœ Riccardo Curcio; Charles Goodhart; Dominique Guillaume; Richard Payne ๐Ÿ“‚ Article ๐Ÿ“… 1997 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 236 KB ๐Ÿ‘ 2 views

Several recent studies have demonstrated the proยฎtability of technical analysis by simulating certain trading rules over a very long period of daily foreign exchange rates. In this paper, we use ยฎlter rules identiยฎed and supplied by technical analysts on the intradaily foreign exchange market. We pr