Foreign Exchange: A Practical Guide to the FX Markets
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Description
Praise for Foreign ExchangeTim Weithers starts by telling the reader that foreign exchange is not difficult, just confusing, but Foreign Exchange: A Practical Guide to the FX Markets proves that money is much more exciting than anything it buys. This useful book is a whirlwind tour of the worlds largest market, and the tour guide is an expert storyteller, inserting numerous fascinating insights and quirky facts throughout the book.John R. Taylor, Chairman, CEO and CIO, FX ConceptsThe book reflects the authors doctorate from the University of Chicago, several years experience as an economics professor, and, most recently, a very successful decade as an executive at a huge international bank. These fundamental ingredients are seasoned with bits of wisdom and experience. What results is a very tasty intellectual stew.Professor Jack Clark Francis, PhD, Professor of Economics and Finance, Bernard Baruch CollegeIn this book, Tim Weithers clearly explains a very complicated subject. Foreign Exchange is full of jargon and conventions that make it very hard for nonprofessionals to gain a good understanding. Weithers book is a must for any student or professional who wants to learn the secrets of FX.Niels O. Nygaard, Director of Financial Mathematics, The University of ChicagoAn excellent text for students and practitioners who want to become acquainted with the arcane world of the foreign exchange market.David DeRosa, PhD, founder, DeRosa Research and Trading, Inc., and Adjunct Professor of Finance, Yale School of ManagementTim Weithers provides a superb introduction to the arcana of foreign exchange markets. While primarily intended for practitioners, the book would be a valuable introduction for students with some knowledge of economics. The text is exceptionally clear with numeric examples and exercises that reinforce concepts. Frequent references are made to the economic theory behind the trading practices.John F. OConnell, Professor of Economics, College of the Holy Cross
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