Can gold prices forecast the Australian dollar movements?

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Can gold prices forecast the Australian dollar movements?

This paper explores whether gold prices have a reliable out-of-sample relationship with the Australian dollar/US dollar nominal and real exchange rates using daily and quarterly data, respectively, spanning the period 2000–2012. Through an Error Correction Model (ECM), the empirical findings suggest...

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Bibliographic Details
Main Author:	Apergis, Nicholas
Format:	Journal Article
Published:	Elsever 2014
Subjects:	Error Correction Model Australian dollar/US dollar exchange rate Predictive ability Gold prices
Online Access:	http://hdl.handle.net/20.500.11937/4847

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