Empirical studies on covered interest arbitrage suggest that the interest rate parity condition does not always hold during times of turbulence in the foreign exchange markets, implying market inefficiency. This paper considers two different approaches [Taylor (1989) and Clinton (1988)] to measuring deviations from interest rate parity for a period of turbulence in the foreign exchange markets ...

Financial technology (Fintech), including a series of advanced technologies such as big data, artificial intelligence and block-chain, has been gradually applied to various industries after years development will become the major driver future financial industry. As one largest markets in world, traditional foreign exchange service industry is entering era fintech, bringing new vitality market ...

The foreign exchange market gives a great impetus to economic development and is one of the most critical parts financial market. global daily turnover in markets (FOREX) has exceeded USD 6.7 billion. At same time, speculation qualitative its development. Of course, it can partially destabilize situation with quotations due their ignorance, but cases, also helpful for general state These concep...