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25th APRIL 2006
Expert advice and timely techniques for surviving and thriving within currency
markets Rapid movements in currency markets have been a common occurrence in
recent years, often to the detriment of traders and investors. The ability to
manage these fluctuations is essential for safe and successful investment in
these markets. Currency Strategy develops new techniques and explains classic
tools available for predicting, managing, and optimizing fluctuations in the
currency markets. Author Callum Henderson shows readers how traditional
macroeconomic theory has repeatedly failed in the face of practical experience
in these markets and develops a new approach based on experience. He draws on
the technical expertise of his bank to develop mathematical models to assist in
the prediction of crises and gives practical advice on how to use these and
other tools successfully.
This book shows its reader how to get the right currency--and not how to get the currency right, thus avoiding substantial currency risk in the first place.
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