Forex eBook

Macroeconomic Implications Of The Belief And Behavior Forex Traders eBook


Macroeconomic Implications Of The Belief And Behavior Forex Traders eBookThe authors report findings from a survey of United States foreign exchange traders. That; technical trading best characterizes about 30% of traders, with this proportion rising from five years ago; news about macroeconomic variables is rapidly incorporated into exchange rates; the importance of individual macroeconomic variables shifts over time, although interest rates always appear to be important, and; economic fundamentals are perceived to be more important at longer horizons. By Yin-Wong Cheung and Menzie D. Chinn.

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