Order flows and exchange rates
A) are correlated in the long run but not in the short run
B) are correlated because foreign exchange markets have essentially perfect information and assimilate it quickly
C) are correlated because traders interpret others' purchase orders as a signal to buy
D) are both determined in the short run by macroeconomic forces
E) are uncorrelated
Correct Answer:
Verified
Q14: The next questions refer to the following.
Suppose
Q15: On a typical day,the most heavily traded
Q16: Consider the simple case of covered interest
Q17: The next questions refer to the following.
Suppose
Q18: The geographic center of international currency exchange
Q19: The next questions refer to the following.
Suppose
Q20: Suppose the spot market exchange rate is
Q21: Carry Trades involve
A) Buying low interest rate
Q23: The difference between the number of market
Q24: Which of the following has been least
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