A Foreign Exchange Primer

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A Foreign Exchange Primer

The foreign exchange market is the largest in the world, with an estimated $1.6 trillion average daily turnover. This book sets out to introduce the novice to the practical skills necessary to understand the foreign exchange market today. A Foreign Exchange Primer provides a clear understanding of how this market functions, from the main products through to the techniques used, coverage of the main participants, details of the various 'players' and an understanding of the 'jargon' used in everyday dealings. This concise, highly accessible primer is ideal for anyone new to or wanting to become involved in the foreign exchange market, from a dealing room or sales perspective through to the novice investor.
A Foreign Exchange Primer

This book will provide a thorough introduction to the foreign exchange markets, looking at the main products through to the techniques used, coverage of the main participants, details of the various players, and an understanding of the jargon used in everyday dealings. Written in a concise and accessible manner, it will be an ideal introduction for anyone looking to become involved in the FX markets, from dealing rooms or sales perspectives, to novice investors. The new edition has been updated to reflect the changes that have taken place in the industry over the past few years. Most chapters have been enhanced and this new edition now features new material on the psychology of trading, the psychology of price movement and online trading.
Elements of Foreign Exchange: A Foreign Exchange Primer

In "Elements of Foreign Exchange: A Foreign Exchange Primer," Franklin Escher presents a comprehensive and accessible introduction to the intricate world of foreign exchange markets. Through a clear and didactic style, Escher demystifies various concepts, including exchange rate mechanisms, currency valuation, and market participants. The book utilizes real-world scenarios and practical examples, situating this financial exploration within the broader context of global economics, making it particularly appealing to students and professionals alike who seek to navigate the complexities of international finance. Franklin Escher, a seasoned economist with extensive experience in currency trading and financial analysis, draws from his rich background in both academia and industry to craft this primer. His firsthand knowledge of market dynamics is evident throughout the text, as he translates complex theories into digestible insights. Escher's passion for educating others about foreign exchange is fueled by his desire to empower individuals with essential financial literacy in an interconnected world. "Elements of Foreign Exchange" is an essential resource for anyone looking to gain a foundational understanding of currency markets, whether they are aspiring traders, finance students, or seasoned professionals seeking a concise reference. With its engaging approach and practical focus, this primer will significantly enhance readers' comprehension of global financial interactions.