The impact of the U.S.A. federal funds market on the international exchange market

Authors

  • A. VERNUCCI

DOI:

https://doi.org/10.13133/2037-3643/11653

Keywords:

Euro-currency market, US, dollar, federal funds market, foreign exchange market

Abstract

The quotations for all currencies over a period of time show fluctuations of a greater or less degree; the same can be said of the deposit rates in the Euro-currency market. These fluctuations are irregular and depend on the strength of the respective currency as well as on particular demand and supply factors in the market. Only the dollar presents recurrent appreciations that are followed by equally recurrent depreciations. The present article sheds some light on this phenomena. The author analyses how the Federal funds market influences the international foreign exchange market, thus determining the recurring appreciations and depreciations of the dollar.


JEL: F31, F33, G20

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Published

2014-02-19

How to Cite

VERNUCCI, A. (2014). The impact of the U.S.A. federal funds market on the international exchange market. PSL Quarterly Review, 19(79). https://doi.org/10.13133/2037-3643/11653

Issue

Section

Editorial