Rapid movements in currency markets have been a common feature of recent years, often to the detriment of traders and investors. The ability to predict the collapse of a currency and to manage these fluctuations is essential to safe and successful investment in these markets. This book explains the key tools available to practitioners in the field, their benefits and limitations, discussing fundamental analysis, technical analysis, behavioural finance, flows and the author’s own modelling techniques for the prediction of a currency crisis.
Book Details:
- Author: Callum Henderson
- ISBN: 9780470856390
- Year Published: 2003
- Pages: 234
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Rapid movements in currency markets have been a common feature of recent years, often to the detriment of traders and investors. The ability to predict the collapse of a currency and to manage these fluctuations is essential to safe and successful investment in these markets. This book explains the key tools available to practitioners in the field, their benefits and limitations, discussing fundamental analysis, technical analysis, behavioural finance, flows and the author’s own modelling techniques for the prediction of a currency crisis.
In this book the author seeks to develop new techniques as well as explaining classic tools for predicting, managing and optimising fluctuations in the currency markets. He notes that traditional macro-economic theory has repeatedly failed in the face of practical experience in these markets and seeks to develop a new approach based on practice within these markets. He draws on the technical expertise of his bank to develop mathematical models that should help in the prediction of crises and gives practical advice on the skills needed to use these and other tools successfully.
* Presents new modeling techniques for currency markets. * Provides practical advice from a highly experienced team of currency traders.
About the Author
Callum Henderson is head of Emerging EMEA Strategy for a leading US investment bank based in London, and is responsible for Emerging EMEA research, FX and Fixed Income Strategy. A widely-quoted authority on both emerging and currency markets, Mr Henderson has written articles for a number of leading financial journals and given seminars around the world on global currency markets, in particular on currency crises. Prior to his current position, Mr Henderson was part of the Citibank FX Strategy team, which has been top-ranked by leading publications, and Manager of FX Analysis – Asia for Standard & Poor’s MMS, based in Hong Kong and New York. Mr Henderson has authored three previousl books covering the Asian economic story: Asia Falling, China on the Brink (awarded the Best Business Book of 1999 by the Library Journal of the US), and Asian Dawn.