On speculators and hedgers in currency f
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Andreas RΓΆthig
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Article
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2010
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John Wiley and Sons
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English
β 192 KB
This paper studies the lead-lag relationship between speculation and hedging activity in six currency futures markets. The relations between (i) total speculation (long plus short) and total hedging (long plus short), (ii) long speculation and short hedging, and (iii) short speculation and long hedg