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| Tekijä: | Shreeve, G. |
| Otsikko: | Forecasting : in trends we trust. |
| Lehti: | Banker
1987 : JUN, VOL. 137:736, p. 83-84 |
| Asiasana: | FOREIGN EXCHANGE MARKET FORECASTING RISK MANAGEMENT HEDGING |
| Kieli: | eng |
| Tiivistelmä: | The latest period of dramatic volatility in foreign exchange markets highlighted the importance of good analysis about when to buy, sell or hedge currency risk The Governor of Bank of England himself admitted that there was little if anything that a central bank alone could do to influence the foreign exchange markets. The reason is simple: even a $ 10 billion intervention is negligible on a $ 300 billion-a-day market. The central banks' best activity is to smooth and control the speed of a strongly moving trend. |
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