Uncovered interest parity (UIP) has been almost universally rejected in studies of exchange rate movements. In contrast to previous studies, which have used shorthorizon data, we test UIP using ...

Many methods of forecasting currency exchange rates exist, including purchasing power parity, relative economic strength ...

Since the euro came into existence in 1999, the currency has traded at equal value to the US dollar only a handful of times. The last instance was in 2022, after Russia’s full-scale invasion of ...

When parity occurs, it is seen as a significant event in currency trading, but it does not occur often. When the value of the euro approaches that of the dollar, it is a sign that there is significant ...