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The influence of foreign stock markets and macroeconomic news announcements on Australian financial markets

✍ Scribed by Sangbae Kim; Francis In


Book ID
117627871
Publisher
Elsevier Science
Year
2002
Tongue
English
Weight
124 KB
Volume
10
Category
Article
ISSN
0927-538X

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We investigate the relationship between intradaily HUF/EUR exchange rate on the one hand and news announcements and order flow on the other hand. We extend the existing literature on foreign exchange market microstructure by considering a small open transition economy. We find that the intradaily ex