Inside the Currency Market: Mechanics, Valuation and Strategies - Rilegato

Twomey, Brian

Rilegato

ISBN 10: 047095275X ISBN 13: 9780470952757

Casa editrice: Bloomberg Pr, 2011

Riassunto

A complete resource to trading today's currency market

Currency movements are impacted by a variety of factors,including interest rates, trade balances, inflation levels,monetary and fiscal policies, and the political climate. Tradersuse both fundamental data and a variety of technical tools to tradewithin this market. Inside the Currency Market describesboth the underlying dynamics that drive this market and thestrategies that can help you capture consistent profits in it.

Page by page, this reliable guide skillfully discusses thestructure of the market, its roles in the global economy, theforces that drive currency values, trading strategies, and tactics.It also offers a detailed understanding of how global financialflows, derivatives, and other markets such as oil and gold impactcurrencies. Along the way, author and professor Brian Twomeyprovides information on gathering and analyzing global financialdata so that traders can gain a "big-picture" perspective whenattempting to identify trades.

• Explains virtually every element of the market and can functionas a desk reference that puts everyday events into context fortraders
• Fundamentally driven trades based on interest ratedifferentials and trade imbalances are discussed, as well astechnical trades involving chart patterns, trends, and tradingranges
• Each chapter contains questions and answers to help readersmaster the material

The currency market continues to generate interest and attractnew retail traders due to the many opportunities available withinit. This book will show you how to successfully operate within thisarena by making the most informed trading decisions possible.

Su questo libro

L'autore:

BRIAN TWOMEY is an independent trader and a prolific writer on trading, having authored over sixty articles in Technical Analysis of Stocks & Commodities and Investopedia. His article on Welles Wilder is one of the most heavily accessed pieces in Technical Analysis of Stocks & Commodities in recent years. Through his writings, Twomey has established a strong following among traders and market analysts. He is an Adjunct Professor of Politics at Gardner-Webb University. Twomey has a BA in journalism and a master's in political science and public administration from the University of Central Florida.

Dalla quarta di copertina:

ABOUT $2 TRILLION are exchanged every day in the global currency markets—about 60 times the volume of trading on the New York Stock Exchange—with the most active trading occurring between the U.S. dollar, the Euro, the Japanese yen, the British pound, and the Swiss franc. Spot currency prices move in the markets based on factors of interest rates, but interest rates between two nations, rather than one side of a currency pair.

In order to understand a currency pair combination, both sides of the pair must be considered from a two-nation perspective. How does the second nation calculate and factor interest, and what are the market instruments that track the various rates that trade every day in order to track a trade throughout the various markets? Inside the Currency Market outlines the two-sided currency pair trade from a whole host of perspectives as it relates nation-to-nation, addressing currency pairs from the eight major countries. And it answers a key question: what are the components, the constituent factors comprising the second side of a currency pair equation, and how should those factors be considered in terms of a trading strategy?

Throughout these pages, author Brian Twomey shows how currency movements are impacted by a variety of factors, including interest rates, trade balances, inflation levels, monetary and fiscal policies, and the political climate. He also discusses fundamentally driven trades based on interest rate differentials and trade imbalances as well as technical trades involving chart patterns, trends, and trading ranges. And he reveals how successful traders use both fundamental data and a variety of technical tools to trade within this market—as well as describing both the underlying dynamics that drive the market and the strategies that can help you capture consistent profits in it. Inside the Currency Market explains virtually every element of this market and can function as a desk reference that puts everyday events into context for traders.

The currency market continues to generate interest and attract new retail traders due to the many opportunities available within it. This book will show you how to successfully operate within this arena by making the most informed trading decisions possible.

Su questa edizione

• Editore: Bloomberg Pr
• Data di pubblicazione: 2011
• ISBN 10: 047095275X
• ISBN 13: 9780470952757
• Rilegatura: Copertina rigida
• Numero edizione: 1
• Numero di pagine: 317