Keywords: Foreign-exchange market
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Journal Articles
International Journal of Emerging Markets (2018) 13 (1): 87–117.
Published: 15 January 2018
... evidence to suggest the USD/ZAR market price leadership of Nomura forex (FX) prior to the public announcement of a South African Reserve Bank intervention-related news event. This finding supports microstructure theory’s assertions regarding the existence of foreign-exchange market characteristics...

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