Sunday, July 21, 2013

Currency Strategy - A Practitioner's Guide To Currency Trading, Hedging and Forecasting - Callum Henderson


Currency Strategy - A Practitioner's Guide To Currency Trading, Hedging and Forecasting - Callum Henderson





















Callum Henderson is head of Emerging EMEA Strategy for a leading US investment bank,
based in London, 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.
Mr. Henderson is the author of three previous books covering the Asian economic story,
Asia Falling, China on the Brink (awarded Best Business Book of 1999 by the Library Journal
of the U.S.) and Asian Dawn.
It is the largest and most important financial market in the world. If you are in business or in
finance, it affects just about everything you do, whether you like it or not, whether you know it
or not. Along with the interest rate, it is the most important price of a free and open economy.
It is the fuel of economic trade and liberalization and without it globalization would never have
happened. It is also one of the least well understood markets outside of those who choose to
follow it in whatever capacity of their profession. It is variously described as the “currency” or
“foreign exchange” or “FX” market, and it can be maddening and frustrating, but if you are a
senior corporate officer or an institutional investor you are compelled to know what it is, how
it works and how it affects you

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