The Rise of Fund Managers in Foreign Exchange:Will Fundamentals Ultimately Dominate?
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چکیده
منابع مشابه
The Rise of Fund Managers in Foreign Exchange: Will Fundamentals Ultimately Dominate?
This paper analyzes the behaviour and motivation of fund managers in foreign exchange markets reflected in questionnaire evidence. We find that fund managers and FX dealers differ significantly. Fund managers rely more on fundamentals, basically due to their longer forecasting horizons, and reject non-fundamental influences on exchange rates more than FX dealers. However, neither can fund manag...
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ژورنال
عنوان ژورنال: The World Economy
سال: 2005
ISSN: 0378-5920,1467-9701
DOI: 10.1111/j.1467-9701.2005.00690.x