Publicação
Monetary policy surprises and exchange rate volatility
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | pt_PT |
| dc.contributor.advisor | Boons, Martijn | |
| dc.contributor.author | Fiore, Ilenia | |
| dc.date.accessioned | 2025-08-06T09:51:35Z | |
| dc.date.available | 2025-08-06T09:51:35Z | |
| dc.date.issued | 2025-01-15 | |
| dc.date.submitted | 2025-01-15 | |
| dc.description.abstract | This research studies the impact of monetary policy surprises on the DXY strength and its volatility, while also comparing cross-market effects on equities and related indices. By employing high-frequency policy shocks and other monetary policy measures, the analysis demonstrates that hawkish surprises result in dollar appreciation and a reduction in DXY volatility. Conversely, equity prices decline, and the VIX rises, reflecting heightened market uncertainty. These findings highlight the heterogeneous transmission mechanisms of monetary policy across asset classes. By integrating forward guidance and immediate rate changes, the study provides insights into the broader financial stability implications of central bank communication. | pt_PT |
| dc.identifier.tid | 203961919 | pt_PT |
| dc.identifier.uri | http://hdl.handle.net/10362/186108 | |
| dc.language.iso | eng | pt_PT |
| dc.relation | UID/ECO/00124/2013 | pt_PT |
| dc.subject | Monetary Policy | pt_PT |
| dc.subject | FOMC Meetings | pt_PT |
| dc.subject | Foreign Exchange | pt_PT |
| dc.subject | Volatility | pt_PT |
| dc.subject | DXY Index | pt_PT |
| dc.title | Monetary policy surprises and exchange rate volatility | pt_PT |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | masterThesis | pt_PT |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in International Finance from the Nova School of Business and Economics | pt_PT |