Uncovered interest parity (UIP) has been almost universally rejected in studies of exchange rate movements. In contrast to previous studies, which have used shorthorizon data, we test UIP using ...

Euro parity with the dollar once seemed like an outside bet. Now it looks like an inevitability.Most Read from BloombergNew ...

Advjiev, Stefan, Wenxin Du, Catherine Koch, and Hyun Song Shin. "The Dollar, Bank Leverage and Deviations from Covered Interest Parity." American Economic Review: Insights 1, no. 2 (September 2019): ...

The European Central Bank has cut interest rates by a further 25 basis points to 2.75%, in a further divergence away from the ...