Foreign exchange: the complete deal : a comprehensive guide to the theory and practice of the forex market /

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Sharpe, James
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Petersfield : Harriman House, 2012.
Colección:Applied essentials.
Temas:
Foreign exchange.
International finance.
Change.
Foreign exchange
International finance
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Preface
  • 1. Exchange Rate Systems: From Fixed to Floating, and Chaos
  • Fixed exchange rates
  • Floating exchange rates
  • Conclusion
  • Foreign exchange and the UK -1960 to the 2000s
  • 2. Central Banks and Foreign Exchange Intervention
  • What is foreign exchange intervention?
  • Intervention and monetary policy
  • The efficacy of intervention
  • Conclusion
  • 3. The Basics of Foreign Exchange
  • A definition of foreign exchange
  • The foreign exchange market
  • 4. The Theory of Foreign Exchange: How Exchange Rates Are Determined
  • Exchange rates and supply and demand
  • The effect of exchange rates on an Economy
  • Interest rate parity (IRP)
  • Purchasing power parity (PPP)
  • Currencies overshooting their expected levels
  • Rudiger Dornbusch
  • 5. Foreign Exchange in Practice
  • Price quotations
  • How dealers cover their exposure
  • Orders
  • How to calculate trading profits and losses
  • Recording a trade
  • Rules when making foreign exchange transactions
  • 6. Types of Foreign Exchange Transactions
  • 1. Spot
  • 2. Forward outright
  • 3. Broken date contracts
  • 4. Non-deliverable forward (NDF)
  • 5. Swap
  • 6. Forward/forward
  • 7. Algorithmic trading
  • 8. Options
  • 7. Predicting the Future: Technical Analysis and FX Forecasting
  • Technical analysis and the foreign exchange markets
  • Forecasting the foreign exchange markets
  • Psychology and Foreign Exchange
  • Group behaviour
  • Overconfidence
  • Overreaction
  • Attitude to risk
  • Attitude to rules
  • 9. Influences on Foreign Exchange Markets
  • Economic data
  • Impact of central bank intervention
  • Breach of technical levels
  • Seasonal price patterns
  • Dramatic events
  • Market intelligence
  • 10. A Blueprint for Trading
  • Before, during and after the trade
  • Managing losses
  • Investment vs. Speculation
  • 11. Liquidity
  • Assessing liquidity.
  • When liquidity disappears
  • The carry trade and Torschlusspanik (door shut panic)
  • 12. Hedging Currency Exposure
  • Overview of hedging
  • Sources of exposure
  • The hedging process
  • Impact of hedging
  • Currency overlay
  • Conclusion
  • 13. The Management of Dealing
  • Risks
  • Dealing limits at banks
  • Monitoring forward foreign exchange exposure
  • 14. Dealing with Banks and Financial Institutions
  • The provider should be financially strong
  • The provider should be operationally strong
  • Check the bank can supply the product and service you require
  • Dealing mandate
  • Foreign exchange limits
  • Understanding what is on offer
  • Agreements
  • Banks dealing with customers
  • Afterword
  • Appendices
  • Appendix 1. Foreign exchange solutions in brief
  • Appendix 2. A simple guide to technical analysis
  • Glossary
  • Bibliography
  • Index.

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