March 2012
Beginner
288 pages
6h 47m
English
book
FX Trading: A Guide To Trading Foreign Exchange, 2nd Edition
by Alex Douglas, Larry Lovrencic, Peter Pontikis
Content preview from FX Trading: A Guide To Trading Foreign Exchange, 2nd Edition
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Chapter 9: FX fundamental analysis for traders
Having looked briefly at the scope and potential use of technical analysis of currency markets, it now comes time to consider the underlying fundamentals of this market.
How do we determine exchange rates?
Fundamental analysis attempts to measure the intrinsic or underlying value of a currency and how this intrinsic value may change under certain circumstances. In its practical application, a fundamental analyst forms this opinion by assessing how economic factors — such as inflation, interest rates, balance of payments and many others — have an impact on a theory or combination of theories of exchange rate determination. For information on such fundamental factors, it may be useful to refer to ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.