Impact of macro news announcements on exch rates

Andrew Clare and Roger Courtenay from the Bank of England have written an interesting paper titled "Assessing the impact of macroeconomic news announcements on securities prices under different monetary policy regimes". The study investigates whether the reaction to new announcements has changed since the Bank of England was granted operational independence in May 1997.

Abstract

This paper investigates the impact of UK macroeconomic news announcements on selected futures contracts and exchange

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