Hi folks,
for a paper, i'm looking for information regarding daily highs and lows of (all) currencies against the USD, whether highs (lows) of those currencies occur at the same time, is it completely random, do highs of momentum-strong currencies occur at the same time as lows of momentum-weak currencies, ect. (i'm NOT asking at WHICH time of day they occur, i need to know whether there are "high (low) -clusters" for many currencies)
please post any information you have: papers, articles, your own opinion,...
many thanks!
for a paper, i'm looking for information regarding daily highs and lows of (all) currencies against the USD, whether highs (lows) of those currencies occur at the same time, is it completely random, do highs of momentum-strong currencies occur at the same time as lows of momentum-weak currencies, ect. (i'm NOT asking at WHICH time of day they occur, i need to know whether there are "high (low) -clusters" for many currencies)
please post any information you have: papers, articles, your own opinion,...
many thanks!