Dollar-Euro Exchange Rate, U.S. Stocks and Gold
Posted on March 06, 2013 at 06:07 AM EST
Do changes in the dollar-euro exchange rate reliably interact with the U.S. stock market and gold? For example, do declines in the dollar relative to the euro indicate increases in the dollar value of hard assets? Are the interactions coincident or exploitably predictive? To investigate, we relate changes in the dollar-euro exchange rate to returns More...