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Technical Trading Rule Profitability and Foreing Exchange Intervention

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  • LeBaron, B.

Abstract

There is reliable evidence that simple rules used by traders have some predictive value over the future momoment of foreign exchange prices. This paper will review some of this evidence and discuss the economic magnitude of this predictabiliy.

Suggested Citation

  • LeBaron, B., 1996. "Technical Trading Rule Profitability and Foreing Exchange Intervention," Working papers 9445r, Wisconsin Madison - Social Systems.
    • Handle: RePEc:att:wimass:9445r
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    References listed on IDEAS

    as
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    More about this item

    Keywords

    FINANCIAL POLICY; EXCHANGE RATE;

    JEL classification:

    • F30 - International Economics - - International Finance - - - General
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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