Popular posts this week
- What Happened?: In 2020, women continued to make strides in representation in Congress and State Legislatures
- Civil rights suits against the police are an essential tool for enforcing the Constitution. But cops rarely pay and settlements don’t lead to change.
- The Supreme Court’s ‘fair share’ case is an existential threat to public sector unions. But it may force them to engage and embrace choice.
- Trump is right to critique the Federal Reserve, but his attacks are in the wrong direction.
Some currency trading positions yield increased returns around Fed announcements
Some currency trading positions yield increased returns around Fed announcements
The announcements of the Federal Reserve Bank can have huge impacts on the world currency market. Alireza Tahbaz-Salehi, Andrea Vedolin and Philippe Mueller argue that these impacts reflects the high degree of monetary policy uncertainty.
Announcements by the Federal Open Market Committee (FOMC), which occur regularly at pre-specified dates, are one of the most highly anticipated events by investors around the […]