Study of the Yen￥Dollar exchange rate market with high-frequency data

《最近对外汇干预和高频交易数据的研究分析》，CGSA论坛，第9卷，第93 - 118页，根据外汇交易干预在先前的文献中对每日交易率数据进行了审查。高频数据，如1秒钟的切片，成为1990年代金融市场上可用的，使用高频交易率数据进行分析，自那时以来就增加了。外国交换干预也是根据高频数据在分析干预中的使用有一些限制。本文调查前一份文献中的研究使用外国访问和交换率市场使用高频数据作为良好的日常数据。高频率交换数据的特征是谨慎地引入的。一个例子是MOV

An Analysis of Recent Studies of Foreign Exchange Intervention and High Frequency Exchange Data,『CGSA フォーラム』Vol.9、p93-118Effects by foreign exchange intervention were examined in previous literature with daily exchange rate data. High frequency data, such as 1 second slice, became available in financial markets in the 1990s.Analysis using high frequency exchange rate data is increasing since then. Foreign exchange intervention is also examined with high frequency data however there are some limitations for the use in analyzing intervention.This paper surveys previous literature which examines foreign interventions and exchange rate markets using high frequency data as well as daily data. Characteristics of high frequency exchange data are carefully introduced. An example is the mov