Central bank intervention and trading rule profits in foreign exchange markets

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

Forward Discount Bias: Is it an Exchange Risk Premium?

1989 • 756 citations

The significance of technical trading-rule profits in the foreign exchange market: a bootstrap approach

1993 • 474 citations

Beating the Foreign Exchange Market

1986 • 437 citations

Chartists, Fundamentalists, and Trading in the Foreign Exchange Market

1990 • 429 citations

Chartists, Fundamentalists, and Trading in the Foreign Exchange Market

1990 • 336 citations

An investigation of risk and return in forward foreign exchange

1984 • 332 citations

Volatility in the Foreign Currency Futures Market

1991 • 282 citations

Testing for market timing ability

1987 • 248 citations

Testing the Unbiased Forward Rate Hypothesis: Evidence on Unit Roots, Co- Integration, and Stochastic Coefficients

1991 • 156 citations

Technical Trading Rule Profitability and Foreing Exchange Intervention

1996 • 136 citations

Beating the Foreign Exchange Market

1986 • 125 citations

Official Intervention in the Foreign Exchange Market, or, Bet Against the Central Bank

1982 • 110 citations

Market Microstructure Effects of Government Intervention in the Foreign Exchange Market

1991 • 99 citations

Scalper behavior in futures markets: An empirical examination

1993 • 84 citations

Trading rule profits in european currency spot cross-rates

1996 • 77 citations

The profitability of US intervention in the foreign exchange markets

1995 • 75 citations

Efficient exchange rate forecasts: Lagged models better than the random walk

1986 • 73 citations

Official Intervention in the Foreign Exchange Market

1985 • 70 citations

Seasonalities and intraday return patterns in the foreign currency futures market

1995 • 66 citations

Technical Trading Rule Profitability and Foreign Exchange Intervention

1995 • 52 citations

Profit-Making Speculation in Foreign Exchange Markets.

1993 • 44 citations

Exchange Rate Forecasting

2000 • 39 citations

Tests of the foreign exchange risk premium using the expected second moments implied by option pricing

1988 • 38 citations

Exchange Rate and Trade Instability: Causes, Consequences, and Remedies

1984 • 34 citations

Serial dependence in, currency returns

1989 • 33 citations

The cost of a central bank leaning against a random walk

1986 • 25 citations

The International Monetary System: Choices for the Future

1984 • 23 citations

EXCESS RETURNS AND OFFICIAL INTERVENTION: CANADA 1952–1960

1989 • 14 citations