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Animal of the quarter: Bos taurus, the domestic bull, the most banal of the bovine, is exactly the kind of animal which looks natural within this approach while also reflecting our market view.
On the US debt, rating agencies: Now that the Federal Budget for 2013 has...
EUR/CHF has very little volatility; this must be because Switzerland is in the middle of Europe and must be well integrated economically. Buying EUR/USD and buying USD/CHF is the same as buying EUR/CHF. Even though both pairs fluctuate, their fluctuations have to cancel because EUR/CHF is...
Hi,
I came up with the same questions and have been working on this for some time now. One approach would be to monitor a cross-correlation of the two exchange rates as a function of the time lag. One needs to define what is meant by "immediate" response. I define "immediate" to be within the...