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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Detalles Bibliográficos
Autor Principal: S. SCHULMEISTER
Formato: Artigo
Idioma:English
Publicado: Associazione Economia civile 2013-10-01
Series:PSL Quarterly Review
Subjects:
Acceso en liña:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/10946