Technical Analysis and the Profitability of United States Foreign Exchange Intervention
收藏ICPSR1999-01-01 更新2026-04-16 收录
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资源简介：
These data reconcile an apparent contradiction found by recent research on United States intervention in foreign exchange markets. LeBaron (1996) and Szakmary and Mathur (1997) show that extrapolative technical trading rules trade against United States foreign exchange intervention and produce excess returns during intervention periods. Leahy (1995) shows that United States intervention itself is profitable over long periods of time. In other words, technical traders make excess returns when they take positions contrary to United States intervention. United States intervention itself is profitable, however.
提供机构：
Federal Reserve Bank of St. Louis
创建时间：
1999-01-01
