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The Commerce Department has informed that the trade deficit has narrowed to $38.8 billion during the month of March from $43.6 billion in the previous month. Consensus was calling for a deficit of $42.0 billion.
The Foreign Exchange Market: Theory and Econometric Evidence
Patrick C. McMahon This book provides an integrated approach to recent developments in the understanding of foreign exchange markets. It covers the theory of efficient markets as developed in finance, and the models used to explain the movements of exchange rates in macroeconomics. The authors deal with the econometric estimation and testing of different models and theories of the foreign exchange market and…Continue