Usted está aquí

Back to top

A Simple Test of Momentum in Foreign Exchange Markets

Andrés Felipe
García-Suaza
José Eduardo
Gómez-González
Martes, 1 Marzo 2011

This study proposes a new method for testing for the presence of momentum in nominal exchange rates, using a probabilistic approach. We illustrate our methodology estimating a binary response model using information on local currency / US dollar exchange