什么决定了欧元的远期汇率?

Applied Financial Economics Letters Pub Date : 2008-03-01 DOI:10.1080/17446540701522824

Costas I. Karfakis

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引用次数: 1

摘要

本研究考察了在给定货币组合的“现代方法”背景下欧元远期汇率的决定因素。协整分析表明，投机对欧元远期汇率的影响较小，套利对欧元远期汇率的影响较大。

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What determines the forward exchange rate of the euro?

This study examines the determinants of the forward exchange rate of the euro in the context of the ‘modern approach’ for give currency combinations. The co-integration analysis suggests that speculation has played a minor role and arbitrage played a major role in determining the forward exchange rate of the euro.

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Applied Financial Economics Letters

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