Understanding foreign exchange risk is a necessary skill for anyone involved in international finance or trade. It involves recognizing how currency values can change due to economic indicators, ...

Investors would not be to blame for detesting the international sleeve of their portfolios over the past decade. Coming out of the global financial crisis in 2009, the U.S. equity market has easily ...

Foreign exchange (FX) investments can come with high risks. For instance, the exchange rates for foreign currency can fluctuate greatly, impacting the value of foreign assets and exposing you to ...

This paper develops a new approach for exploring the effectiveness of foreign currency intervention, focusing on real exchange cycles. Using band spectrum regression methods, it examines the role of ...

There are, broadly speaking, two competing theories that help to explain why Argentina has a long history of financial turmoil. One emphasizes Argentina’s tradition of patronage politics, its complex ...

What Is the Foreign Exchange (Forex) Market? In the foreign exchange market, commonly referred to as “ forex,” one currency can be traded for another currency. Just like with any market, trading can ...

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Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. This is a joint post by Brad Setser and Mark Sobel, the U.S. Chairman of the ...