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.
Contents
Disclaimer
1 Introduction
PART I MARKET OVERVIEW
2 A Brief History of the Market
3 Market Overview
4 Major Participants
5 Roles Played
6 Purposes
PART II FOREIGN EXCHANGE PRODUCTS
7 Spot Foreign Exchange
8 Forward Contracts
9 Short- and Long-Dated Contracts
10 Broken-Dated Contracts
Glossary of Terms for Chapters 7 to 10
11 Non-Deliverable Forwards
12 Foreign Exchange Swaps
13 Currency Swaps
14 Foreign Exchange Options
15 Picturing Profit and Loss of Options
Glossary of Terms for Chapters 14 and 15
16 Foreign Exchange Futures
17 Exchange for Physical
PART III ESSENTIAL KNOWLEDGE
18 Foreign Exchange Dealing Rooms
19 Managing the Relationship with an Institution
20 Foreign Exchange Dealings
21 Foreign Exchange Market Orders
Glossary of Terms for Chapter 21
22 Electronic Foreign Exchange Trading
23 Margin Trading
PART IV FUNDAMENTALS AND TECHNICAL ANALYSIS
24 Fundamental versus Technical Approaches
25 Fundamental Analysis
26 Key Factors Impacting Currencies
27 Technical Analysis
Glossary of Terms for Chapters 24 to 27
28 Market Psychology
29 Final Remarks
Index
250 pages, Hardcover