Osler is an Associate Professor at Brandeis University. The views expressed in the paper are those of the author and do not necessarily reflect views at the Federal Reserve Bank of New York or the Federal Reserve System. The author thanks The Royal Bank of Scotland, formerly National Westminster Bank, for providing the orders data. This paper has benefited extensively from thoughtful comments by an anonymous referee, as well as comments from Franklin Allen, Jose Campa, John Carlson, Rick Green, Keith Henthorn, Charles Himmelberg, Rich Lyons, Jim Mahoney, and Chris Neely. The author thanks Gijoon Hong and Priya Gandhi for excellent research assistance. Errors or omissions remain the responsibility of the author.
Currency Orders and Exchange Rate Dynamics: An Explanation for the Predictive Success of Technical Analysis
Version of Record online: 11 SEP 2003
© 2003 the American Finance Association
The Journal of Finance
Volume 58, Issue 5, pages 1791–1819, October 2003
How to Cite
Osler, C. L. (2003), Currency Orders and Exchange Rate Dynamics: An Explanation for the Predictive Success of Technical Analysis. The Journal of Finance, 58: 1791–1819. doi: 10.1111/1540-6261.00588
- Issue online: 11 SEP 2003
- Version of Record online: 11 SEP 2003
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