Journal Article
Currency option markets and exchange rates: a case study of the U.S. dollar in March 1995
Abstract: Some market observers attribute the dollar's recent drop against the mark and yen to a type of currency option known as the knockout option. Although knockouts did contribute modestly to the dollar's fall, their full impact was felt to a much greater extent in the option markets.
Keywords: options; Foreign exchange rates; Dollar, American;
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Bibliographic Information
Provider: Federal Reserve Bank of New York
Part of Series: Current Issues in Economics and Finance
Publication Date: 1995
Volume: 1
Issue: Jul
Order Number: 4