Lectures on Exchange Rate Economics
Lecture 1.1 Introduction to the FX Market: institutions and protocols
Lecture 1.2 The choice of direct dealing or electronic brokerage
Lecture 1.3 Purchasing Power Parity
Lecture 1.4 Interest Rate Parity
Lecture 2.1 What is "microstructure" and how does it differ from macro approaches?
Lecture 2.2 Overview of theoretical models
Lecture 2.3 Public information arrival, exchange rate volatility, and quote frequency
Lecture 3.1 Portfolio shifts model and the role of order flow
Lecture 3.2 Asymmetric information and price discovery in the FX market
Lecture 3.3 Once in a generation yen volatility in 1998: fundamentals, intervention and order flow
Lecture 3.4 Stop-loss orders and price cascades in currency markets