Currency Strategy: A Practitioner's Guide to Currency Trading, Hedging and Forecasting
Author: Callum Henderson
List Price: $89.95
Our Price: Click to see the latest and low price
ISBN: 0470846844
Publisher: John Wiley & Sons (11 November, 2002)
Sales Rank: 77,636
Average Customer Rating: 4 out of 5
Customer Reviews
Rating: 4 out of 5
A Good Read!
In 1971, President Richard Nixon ended the convertibility of the dollar into gold and thereby scotched the mechanism of international agreements and regulations that had governed the world monetary system since the end of World War II. Over the ensuing decades, the once-stable global monetary environment became an exciting, volatile new source of risk and opportunity. Manufacturers saw their fortunes rise and fall as currency shifts favored them or, alternatively, their competitors overseas. Financial institutions discovered new opportunities and dangers in fast-moving currency markets. We recommend this book for its detailed and generally clear, albeit often tedious, introduction to the tools, techniques and strategies readers may use to manage risk or speculate in the world's biggest financial arena - the unregulated international currency market.
Rating: 4 out of 5
Very Informative - good for novice traders
There is a lot of material in this book that traders should know. Some are minor details, but these are the same details that can determine whether a trade will be profitable. It is divided into three parts towards the end to suit three types of investors: (1) corporate, (2) institutional, and (3) speculator. Obviously not all three will suit you, but you can learn some things from all of them. Take a look. Similar Products
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