When you live abroad, a stronger or weaker dollar can raise your grocery bill, shrink your retirement income or unexpectedly affect the return on your investments. Most Americans living overseas ...

Capital at risk. The value of your investments can go up and down, and you may get back less than you invest. The US dollar ...

We offer a unifying empirical model of covered and uncovered currency premia, interest rates and spot and forward exchange rates, both in the cross section and time series of currencies. We find that ...