Dollar-Euro Exchange Rate, U.S. Stocks and Gold
December 7, 2016 - Currency Trading, Economic Indicators, Gold
Do changes in the dollar-euro exchange rate reliably interact with the U.S. stock market and gold? For example, do declines in the dollar relative to the euro indicate increases in the dollar value of hard assets? Are the interactions coincident or exploitably predictive? To investigate, we relate changes in the dollar-euro exchange rate to returns… Keep Reading