Discover how exchange rates influence the economy, affecting job markets, inflation, and costs of goods. Learn about their ...

Learn how sudden currency devaluation impacts economies, discover historical crises, and explore how central banks can ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...

Some investment professionals encourage using foreign stocks and bonds to diversify portfolios. Since overseas assets often don't track their U.S. counterparts closely, a globally diversified ...

This paper estimates, for the first time, the exchange rate elasticity of bilateral trade in services, providing indirect evidence of both producer currency pricing and dominant currency pricing in ...

The fluctuation of foreign exchange rates between your home currency and another where you have exposure can affect your financial performance. Some investment professionals encourage using foreign ...