Inside the Foreign Exchange Universe

Inside the Foreign Exchange Universe PDF Author: Tholoor M. Thomas,CFA
Publisher: Author House
ISBN: 1491887540
Category : Business & Economics
Languages : en
Pages : 156

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Book Description
The foreign exchange (FX) market is the largest financial market and has a daily turnover close to five trillion US dollars. The evolution of the foreign exchange market since the abrogation of the Bretton Woods agreement in 1971 has been remarkable. The FX market, which was once accessible only to large banks and institutions, is now within reach of average people. This significant change stems from market liberalisation, globalisation, and advancements in technology. Most people carry out some sort of foreign exchange transaction very frequently – this transaction occurs directly or indirectly. Plus, the fluctuations in exchange rates affect the financial lives of people on a regular basis. Yet the subject of foreign exchange is widely misunderstood because of its intricacies. It is essential to establish a basic understanding of FX because it has an important influence on our earnings, expenditures, savings, and investments. Though a lot has been written on the subject, much of the literature lacks precision. This book fills that gap by providing readers with a condensed and precise explanation of foreign exchange and its market dynamics. Tholoor M Thomas draws on his forty-one years of experience in the foreign exchange market to introduce the forex basics, factors affecting exchange rates, exchange rate arithmetic, exchange rate regimes, options and futures used to hedge currency risks, evolution of the market through history, major market participants, numerous world currencies, and the key jargons used in the industry. This book provides a wealth of information for students of finance, those looking to begin a career in foreign exchange, investment analysts, portfolio managers, and anyone interested in attaining a deeper knowledge of the foreign exchange universe.

Inside the Foreign Exchange Universe

Inside the Foreign Exchange Universe PDF Author: Tholoor M. Thomas,CFA
Publisher: Author House
ISBN: 1491887540
Category : Business & Economics
Languages : en
Pages : 156

Get Book

Book Description
The foreign exchange (FX) market is the largest financial market and has a daily turnover close to five trillion US dollars. The evolution of the foreign exchange market since the abrogation of the Bretton Woods agreement in 1971 has been remarkable. The FX market, which was once accessible only to large banks and institutions, is now within reach of average people. This significant change stems from market liberalisation, globalisation, and advancements in technology. Most people carry out some sort of foreign exchange transaction very frequently – this transaction occurs directly or indirectly. Plus, the fluctuations in exchange rates affect the financial lives of people on a regular basis. Yet the subject of foreign exchange is widely misunderstood because of its intricacies. It is essential to establish a basic understanding of FX because it has an important influence on our earnings, expenditures, savings, and investments. Though a lot has been written on the subject, much of the literature lacks precision. This book fills that gap by providing readers with a condensed and precise explanation of foreign exchange and its market dynamics. Tholoor M Thomas draws on his forty-one years of experience in the foreign exchange market to introduce the forex basics, factors affecting exchange rates, exchange rate arithmetic, exchange rate regimes, options and futures used to hedge currency risks, evolution of the market through history, major market participants, numerous world currencies, and the key jargons used in the industry. This book provides a wealth of information for students of finance, those looking to begin a career in foreign exchange, investment analysts, portfolio managers, and anyone interested in attaining a deeper knowledge of the foreign exchange universe.

The Glass Universe

The Glass Universe PDF Author: Dava Sobel
Publisher: Penguin
ISBN: 0143111345
Category : Science
Languages : en
Pages : 353

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Book Description
From #1 New York Times bestselling author Dava Sobel, the "inspiring" (People), little-known true story of women's landmark contributions to astronomy A New York Times Book Review Notable Book Named one of the best books of the year by NPR, The Economist, Smithsonian, Nature, and NPR's Science Friday Nominated for the PEN/E.O. Wilson Literary Science Writing Award "A joy to read.” —The Wall Street Journal In the mid-nineteenth century, the Harvard College Observatory began employing women as calculators, or “human computers,” to interpret the observations their male counterparts made via telescope each night. At the outset this group included the wives, sisters, and daughters of the resident astronomers, but soon the female corps included graduates of the new women's colleges—Vassar, Wellesley, and Smith. As photography transformed the practice of astronomy, the ladies turned from computation to studying the stars captured nightly on glass photographic plates. The “glass universe” of half a million plates that Harvard amassed over the ensuing decades—through the generous support of Mrs. Anna Palmer Draper, the widow of a pioneer in stellar photography—enabled the women to make extraordinary discoveries that attracted worldwide acclaim. They helped discern what stars were made of, divided the stars into meaningful categories for further research, and found a way to measure distances across space by starlight. Their ranks included Williamina Fleming, a Scottish woman originally hired as a maid who went on to identify ten novae and more than three hundred variable stars; Annie Jump Cannon, who designed a stellar classification system that was adopted by astronomers the world over and is still in use; and Dr. Cecilia Helena Payne, who in 1956 became the first ever woman professor of astronomy at Harvard—and Harvard’s first female department chair. Elegantly written and enriched by excerpts from letters, diaries, and memoirs, The Glass Universe is the hidden history of the women whose contributions to the burgeoning field of astronomy forever changed our understanding of the stars and our place in the universe.

The Foreign Exchange Matrix

The Foreign Exchange Matrix PDF Author: Barbara Rockefeller
Publisher: Harriman House Limited
ISBN: 0857192701
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
The foreign exchange market is huge, fascinating and yet widely misunderstood by participants and non-participants alike. This is because its unanswered questions are numerous. For instance, what is the purpose of the $4 trillion per day trading volume? What determines currency trends and who are the players in the FX arena? Does FX drive other financial markets, or is it the passive end-product of all the other markets? FX is without clear supply and demand factors, so how do traders determine sentiment and price direction? Much is written in an effort to answer these questions, but a lot of it is just noise. In the 12 pieces here, Barbara Rockefeller and Vicki Schmelzer draw on their combined 50 years' experience in foreign exchange to cut through the clutter and provide an elegant and razor-sharp look at this market. Their analysis is accurate, useful and enlivened by many anecdotes and examples from historic market events. They cover: - How the matrix concept can help observers understand foreign exchange market action - What professional FX traders take into consideration before entering into positions - Whether the FX market can be forecast - The interplay between foreign exchange and other financial markets - How technology has levelled the playing field between big and small players, and at what cost - Whether the prospect of reserve currency diversification away from the dollar is likely - The toolkit that central banks use to manage national economies and the effect of this on currencies 'The Foreign Exchange Matrix' is the go-to book for anyone seeking a deeper understanding of the world of foreign exchange.

Handbook of Exchange Rates

Handbook of Exchange Rates PDF Author: Jessica James
Publisher: John Wiley & Sons
ISBN: 1118445775
Category : Business & Economics
Languages : en
Pages : 674

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Book Description
Praise for Handbook of Exchange Rates “This book is remarkable. I expect it to become the anchor reference for people working in the foreign exchange field.” —Richard K. Lyons, Dean and Professor of Finance, Haas School of Business, University of California Berkeley “It is quite easily the most wide ranging treaty of expertise on the forex market I have ever come across. I will be keeping a copy close to my fingertips.” —Jim O’Neill, Chairman, Goldman Sachs Asset Management How should we evaluate the forecasting power of models? What are appropriate loss functions for major market participants? Is the exchange rate the only means of adjustment? Handbook of Exchange Rates answers these questions and many more, equipping readers with the relevant concepts and policies for working in today’s international economic climate. Featuring contributions written by leading specialists from the global financial arena, this handbook provides a collection of original ideas on foreign exchange (FX) rates in four succinct sections: • Overview introduces the history of the FX market and exchange rate regimes, discussing key instruments in the trading environment as well as macro and micro approaches to FX determination. • Exchange Rate Models and Methods focuses on forecasting exchange rates, featuring methodological contributions on the statistical methods for evaluating forecast performance, parity relationships, fair value models, and flow–based models. • FX Markets and Products outlines active currency management, currency hedging, hedge accounting; high frequency and algorithmic trading in FX; and FX strategy-based products. • FX Markets and Policy explores the current policies in place in global markets and presents a framework for analyzing financial crises. Throughout the book, topics are explored in-depth alongside their founding principles. Each chapter uses real-world examples from the financial industry and concludes with a summary that outlines key points and concepts. Handbook of Exchange Rates is an essential reference for fund managers and investors as well as practitioners and researchers working in finance, banking, business, and econometrics. The book also serves as a valuable supplement for courses on economics, business, and international finance at the upper-undergraduate and graduate levels.

ForeX Trading for Maximum Profit

ForeX Trading for Maximum Profit PDF Author: Raghee Horner
Publisher: John Wiley & Sons
ISBN: 0471710326
Category : Business & Economics
Languages : en
Pages : 228

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Book Description
Take an in-depth, how-to look at Forex trading using the methods, analysis, and insights of a renowned trader, Raghee Horner. As the fate of the dollar against foreign currency generates both anxiety and opportunities, currency trading has been drawing much interest and a growing following among traders in the United States. The Forex market is particularly attractive because it trades with no gaps and has unlimited guaranteed stop-losses. The liquidity of the Forex market and worldwide participation makes for more reliable and longer lasting trends as well. Raghee Horner, legendary not only as a top Forex trader but as a master teacher of trading systems and techniques, draws on her winning tools and methods, including classic charting techniques, in this book. She'll enable you, regardless of your skill level as a trader or investor, to understand how the Forex operates and lays out a blueprint for getting starting in this little-understood but high-potential trading vehicle.

Econometrics in a Formal Science of Economics

Econometrics in a Formal Science of Economics PDF Author: Bernt P. Stigum
Publisher: MIT Press
ISBN: 0262028581
Category : Business & Economics
Languages : en
Pages : 389

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Book Description
An examination of the role of theory in applied econometrics.

Exploring the Financial Universe

Exploring the Financial Universe PDF Author: Christeen H. Skinner
Publisher: Red Wheel/Weiser
ISBN: 0892542187
Category : Business & Economics
Languages : en
Pages : 226

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Book Description
Christeen Skinner reveals the influence of the sun, planets, and stars on global markets and shows very definite links between major stock market movements and the position of the planets. Exploring the Financial Universe covers such topics as solar rhythms and the intricacies of commodity, property, and currency price movements with planet cycles, the role of the planets in mastering the relationship between time and price, and financial timing indicators in one's own astrological chart. The author also presents case studies in business astrology and an explanation of some astro-finance trading techniques. The book concludes with forecasts for 2017-2024.

Exploring the Financial Universe

Exploring the Financial Universe PDF Author: Christeen H. Skinner
Publisher: Nicolas-Hays, Inc.
ISBN: 0892546328
Category : Body, Mind & Spirit
Languages : en
Pages : 256

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Book Description
The role of the Sun, planets and stars and their influence on global markets is intriguing to traders and investors alike. Christeen Skinner’s research shows very definite links between major stock market movements and the position of the planets. This book will be of interest to those with little understanding of astrology as well as to those well-versed in the subject. The work includes charts, graphs and horoscopes and explanation of some of the techniques used for astro-financial forecasting. In Exploring the Financial Universe, financial astrologer Christeen Skinner covers solar rhythms and the intricacies of commodity, property and currency price movements with planet cycles. The role of the planets in mastering the relationship between time and price is considered. There is a chapter on the natal horoscope and financial rhythms set from birth. The book concludes with forecasts covering 2017-2024. Chapters include: Solar activity and the markets Stock Market Crashes of the 20th Century One Day gains versus losses Currencies and major planetary configurations Commodity price movements Property Price cycles and the role of the Moon and planets The link between planet cycles, time and price Financial timing indicators in your own chart Forecasts 2017-2024 The author presents case studies in business astrology and an explanation of some astro-finance trading techniques and uses financial charts taken from the Market Analyst software program for astro-traders.

A Universe of Wishes

A Universe of Wishes PDF Author: Zoraida Córdova
Publisher: Titan Books
ISBN: 1789098017
Category : Fiction
Languages : en
Pages : 384

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Book Description
Fifteen diverse stories from the leading voices in YA, including a tale set in V.E. Schwab's bestselling Shades of Magic series. Anything is possible. From We Need Diverse Books fifteen award-winning and celebrated diverse authors deliver stories about a princess without need of a prince, a monster long misunderstood, memories that vanish with a spell, and voices that refuse to stay silent in the face of injustice. Alucard and Prince Rhy's relationship in V.E. Schwab's Shades of Magic series is finally revealed, Anna-Marie McLemore gives "Cinderella" a trans retelling, while letters supernaturally cross borders between Gaza and California in Tochi Onyebuchi's "Habibi". Close your eyes. Make a wish. The universe is yours for the taking.

Financial Planning for High Net Worth Individuals

Financial Planning for High Net Worth Individuals PDF Author: Richard H. Mayer
Publisher: Beard Books
ISBN: 9781587982323
Category : Business & Economics
Languages : en
Pages : 432

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Book Description
A comprehensive and authoritative guide to the art and science of wealth management.