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- W3151493016 abstract "The objective of this study is to investigate whether the relationship between order ow and the spot exchange rate stems from the fact that the ow aggregates information on dispersed economic fundamentals in the economy. To perform this test, a database that includes all transactions of the commercial and nancial segments of the Brazilian primary foreign exchange market between January of 1999 and May of 2008 was used. We show that the order ow was partly responsible for variations in in ation expectations over the time period and that this relationship did not remain robust, drawing comparisons with other fundamentals such as GDP and Industrial Production." @default.
- W3151493016 created "2021-04-13" @default.
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- W3151493016 date "2015-01-01" @default.
- W3151493016 modified "2023-09-23" @default.
- W3151493016 title "The Brazilian foreign exchange market through the microstructure perspective" @default.
- W3151493016 hasPublicationYear "2015" @default.
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