Are bank’s speculative profits at the expense of traders? A reply
The author states that empirical evidence suggests that two types of speculator currently exist in the foreign exchange markets: the first type of speculator simply follows trend movements in exchange rates; the second type anticipates the turning point in trends and thereby turns such runs around....
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Format: | Article |
Language: | English |
Published: |
Associazione Economia civile
2013-10-01
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Series: | PSL Quarterly Review |
Subjects: | |
Online Access: | https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10946 |