Department Spotlight: Investigating Forex Market Inefficiency During COVID-19

Assoc. Prof. Onur Özdemir and Res. Asst. Selin Yalçıntaş have recently published their latest findings on forex market dynamics in the journal SN Business & Economics. Their research, titled "Herd investing and market inefficiency in forex markets over the COVID-19 outbreak," employs MFDFA analysis to evaluate how the pandemic altered investor behavior across major currency pairs. The study highlights a notable rise in herd mentality and market inefficiency in the post-lockdown era, particularly affecting USD/EUR and CHF/USD exchange rates. We take pride in our faculty's ongoing commitment to high-impact financial research.