Twomey Inside the Currency Market

Mechanics, Valuation and Strategies
1. Auflage 2011
ISBN: 978-1-118-14935-5
Verlag: John Wiley & Sons
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 336 Seiten, E-Book

Reihe: Bloomberg Professional

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.

Autoren/Hrsg.

Twomey, Brian

Weitere Mitwirkende

Hill, John R.

Inhaltsverzeichnis

Foreword ix
Preface xi
Acknowledgments xv
CHAPTER 1 Foreign Exchange Reports 1
CHAPTER 2 Currency Trading Beyond the Basics 15
CHAPTER 3 Exchange Rates and Trade Weight Indices 39
CHAPTER 4 Short-Term Interest Rates and Money MarketInstruments 73
CHAPTER 5 LIBOR 103
CHAPTER 6 Government Bonds, Yields, Yield Curves, andCurrency Prices 147
CHAPTER 7 Swaps and Forwards 197
CHAPTER 8 Stock and Bond Markets 221
CHAPTER 9 Currency Cycles, Currency Futures, Options, andVolatility 269
CHAPTER 10 Technical Analysis 283
Bibliography 299
About the Author 303
Index 305

Über Autor(innen)

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.