scholarly journals The role of technical knowledge in determining patterns of financial behavior

2016 ◽  
Vol 2 (2) ◽  
pp. 9
Author(s):  
Ranj Mohammed Noori Dawda ◽  
Shaima Amin Sulaiman
Keyword(s):  
Foreign Exchange ◽  
Main Tool ◽  
Financial Behavior ◽  
Foreign Exchange Markets ◽  
Technical Knowledge ◽  
Knowledge Based ◽  
Exchange Markets ◽  
The Individual ◽  
Relationship Of ◽  
The Impact

The research dealt with a contemporary topics in the financial field, the financial knowledge is a strategic asset to individual, who can rely upon and exploited for financial gains to ensure financial success in generating wealth and entrepreneurial him and the community, the basic idea for this study is focused on strengthening the financial behaviors of the individual through the knowledge based on technical analysis, which is one of the elements that ensure the correct trading in the foreign exchange markets. The study aimed to investigate the impact of technical knowledge on patterns of financial behavior, the study population are investors in the foreign exchange markets in the Kurdistan Region of Iraq that has been selected as random sample of the study, the questionnaire have been formed based on previous studies and that was the main tool to collect field data, and adopted (59) of the valid forms of origin (80) distributed form on individuals traders in those markets.     The most important results of the study reached there is significant effect relationship of technical knowledge on financial behavior, the study concluded that there is the need to study the literature by researchers, and take advantage of the relationship between technical knowledge and financial behavior model.

scholarly journals Economic News Releases and Financial Markets in South Africa

Economies ◽  
2019 ◽  
Vol 7 (4) ◽  
pp. 112
Author(s):  
Konstantinos Gkillas ◽  
Dimitrios Vortelinos ◽  
Christos Floros ◽  
Athanasios Tsagkanos
Keyword(s):  
South Africa ◽  
Foreign Exchange ◽  
Global Financial Crisis ◽  
Foreign Exchange Markets ◽  
Economic News ◽  
News Releases ◽  
Before And After ◽  
Exchange Markets ◽  
The Global Financial Crisis ◽  
The Impact

We examine the impact of economic news releases on returns, volatility and jumps of the stock and foreign exchange markets of South Africa. We also assess the impact of macroeconomic determinants. The dataset range is fifteen years covering the period from January, 2000 to December, 2014. Results are robust to different sub-periods before and after the global financial crisis of 2008. Volatility is estimated with the use of the median realized variance estimator. Jumps are also detected. The impact of the announcements is assessed building using regression techniques. Returns, volatility and jumps of both stock and foreign exchange markets are significantly explained nationally by macroeconomic fundamentals and economic news releases.

scholarly journals The impact of a political shock on foreign exchange markets in a small and open economy: A dynamic modelling approach

2021 ◽  
Vol 10 (3) ◽  
pp. 137-152
Author(s):  
Ibrahim A. Onour ◽  
Bruno S. Sergi
Keyword(s):  
Exchange Rate ◽  
Foreign Exchange ◽  
Return On Investment ◽  
Foreign Exchange Markets ◽  
Necessary Condition ◽  
Adjustment Process ◽  
Capital Outflow ◽  
Informal Market ◽  
Exchange Markets ◽  
The Impact

Abstract This paper aims to analyse the dynamics of foreign exchange markets in a country facing political uncertainty that prompt capital outflow from the country1. The economic environment under investigation is characterized by dual foreign exchange markets: a formal or official market for foreign exchange with insufficient and volatile foreign exchange flows, and a strong and thriving informal market, with a higher exchange rate2. The findings in the paper indicate a necessary condition for stabilization of the exchange rate system and that is that the return on investment should exceed the depreciation rate of domestic currency in the formal foreign exchange market. This condition implies that the return on investment should at least compensate investors for the opportunity cost of holding domestic money in their private portfolio wealth. Our findings also indicate that stability of the foreign exchange rates is more difficult to achieve under insufficient official reserves as the recovery process from a shock becomes more costly in terms of time period needed for the adjustment process to complete. The dynamic path of the foreign exchange premium shows that under massive capital outflow caused by economic sanctions, the informal market exchange rate overshoots the equilibrium stationary exchange rate, and the size of such overshooting depends on the size of available foreign exchange reserves held by the central bank.

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