Popular posts this week
- Politics in church may hurt religion, but it helps churches.
- Streetcars and light rail services serve different rider markets in American cities.
- Politicians’ ability to persuade citizens about policies depends on people’s values and priorities.
- Book Review: Reconstructing Democracy: How Citizens Are Building from the Ground Up by Charles Taylor, Patricia Nanz and Madeleine Beaubien Taylor
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 […]