The Relationship Between Interest Rates and Forex Market Correlations

Empirical analysis of central bank rate surprises on FX: how unexpected interest-rate shifts move currency pairs, trading implications, limitations and recommendations.

Empirical analysis of central bank rate surprises on FX: how unexpected interest-rate shifts move currency pairs, trading implications, limitations and recommendations.

Spreads may fluctuate and widen due to factors including market volatility, news events, market open/close, and others.