--- title: What economists can learn from currency traders date: "2005-11-03T12:00:00Z" categories: - links wp_id: 495 description: Explore how economists can improve exchange rate models by adopting the perspectives of currency traders, specifically focusing on market microstructure and the significance of order flows over traditional macro fundamentals to explain market behavior. keywords: [currency trading, foreign exchange, market microstructure, order flow, exchange rates, macroeconomics] --- [What economists can learn from currency traders](http://www.economist.com/printedition/displayStory.cfm?story_id=5213951).