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A Survey of Announcement Effects on Foreign Exchange Returns

Contributors:: Neely, Christopher J. Dey, S. Rubun
Publication:: Federal Reserve Bank of St. Louis Review, Vol. 92, No. 5, September-October 2010
Subjects:: Foreign Exchange Market--Forecasts and Trends
Foreign Exchange Market--Analysis
United States Economic Conditions--Forecasts and Trends
United States Economic Conditions--Analysis

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......future monetary policy. Meese and Rogoff's (1983) failure to forecast exchange rates...Pearce (1985) assess the Federal Reserve's changing inflation-fighting credibility...sensitive to the surprise component of U.S. inflation announcements than to that of......

A Survey of Announcement Effects on Foreign Exchange Returns

Contributors:: Neely, Christopher J. Dey, S. Rubun
Publication:: Review - Federal Reserve Bank of St. Louis, Vol. 92, No. 5, September/October 2010
Subjects:: Foreign exchange
Gross Domestic Product--GDP
United States
United Kingdom

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......Pearce (1985) assess the Federal Reserve's changing inflation-fighting credibility...sensitive to the surprise component of U.S. inflation announcements than to that of...down to the target. Alternatively, U.S. inflation shocks might simply have a larger......

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