Currency Futures by Brian Coyle
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Forex Trading – Foreign Exchange Course
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Fully updated version of text formerly used for training by BPP
· Diagramatic representation of deal structures, pricing and modeling
· Full glossary of terms
· International perspective, examples is US$
· Clear logical explanation of processes, markets, and products
As the foreign exchange markets have developed and grown, more sophisticated financial instruments have been devised. This book is a highly practical introduction to futures, options, and the futures market as a whole. It explains how the markets operate and unravels a futures contract piece by piece to illustrate its purpose, structure, and the obligations of the parties involved. Finally it considers the criteria that a company must consider before deciding to use currency futures.
This expansive new range of risk management texts has undergone extensive rewriting to give each book in the series an international perspective. Each explains and analyzes core aspects of risk assessment and management in a way invaluable to students and useful to practitioners. All of these titles adopt a practical and clear approach to their subject. All are fully updated versions of a series of books previously produced by training experts at BPP. Intended audience: trainee risk analysts, small business managers, management trainees.
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