The Foreign Exchange Matrix: A New Framework for Understanding Currency Movements

( 1 )

Overview

The foreign exchange market is huge, fascinating and yet widely misunderstood by participants and non-participants alike. This is because its unanswered questions are numerous. For instance, what is the purpose of the $4 trillion per day trading volume? What determines currency trends and who are the players in the FX arena? Does FX drive other financial markets, or is it the passive end-product of all the other markets? FX is without clear supply and demand factors, so how do ...

See more details below
Other sellers (Paperback)
  • All (10) from $35.73   
  • New (8) from $35.73   
  • Used (2) from $37.90   
The Foreign Exchange Matrix: A new framework for understanding currency movements

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK
  • NOOK HD/HD+ Tablet
  • NOOK
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac

Want a NOOK? Explore Now

NOOK Book (eBook)
$19.49
BN.com price
(Save 44%)$35.41 List Price

Overview

The foreign exchange market is huge, fascinating and yet widely misunderstood by participants and non-participants alike. This is because its unanswered questions are numerous. For instance, what is the purpose of the $4 trillion per day trading volume? What determines currency trends and who are the players in the FX arena? Does FX drive other financial markets, or is it the passive end-product of all the other markets? FX is without clear supply and demand factors, so how do traders determine sentiment and price direction?
Much is written in an effort to answer these questions, but a lot of it is just noise. In the 12 pieces here, Barbara Rockefeller and Vicki Schmelzer draw on their combined 50 years' experience in foreign exchange to cut through the clutter and provide an elegant and razor-sharp look at this market. Their analysis is accurate, useful and enlivened by many anecdotes and examples from historic market events. They cover:
- How the matrix concept can help observers understand foreign exchange market action
- What professional FX traders take into consideration before entering into positions
- Whether the FX market can be forecast
- The interplay between foreign exchange and other financial markets
- How technology has levelled the playing field between big and small players, and at what cost
- Whether the prospect of reserve currency diversification away from the dollar is likely
- The toolkit that central banks use to manage national economies and the effect of this on currencies
'The Foreign Exchange Matrix' is the go-to book for anyone seeking a deeper understanding of the world of foreign exchange.

Read More Show Less

Product Details

  • ISBN-13: 9780857191304
  • Publisher: Harriman House Publishing
  • Publication date: 2/11/2013
  • Pages: 250
  • Sales rank: 1,196,673
  • Product dimensions: 6.10 (w) x 9.10 (h) x 0.40 (d)

Meet the Author

Vicki Schmelzer has worked in the professional foreign exchange industry for over 25 years. Today she is a senior financial journalist at Market News International, with foreign exchange as her main beat. She is the creator and author of TheFXSpot a daily feature that looks at financial market happenings from the FX perspective, including fixed income, intermarket analysis, and emerging markets. Before becoming a journalist, Ms. Schmelzer worked as a senior currency dealer at major U.S. and international banks including Dresdner Bank, Citibank, Manufacturers-Hanover/Chemical Bank, and Westdeutsche Landesbank. She has appeared on ForexTV and in Alain Lasfargues' 2009 documentary The Marvelous History of the Dollar. Her education includes a BA in German (and Mathematics minor) from Clarion State University and the study abroad program with the Goethe Institut in Staufen, Germany.
Barbara Rockefeller is an international economist and forecaster specialising in foreign exchange. She was a pioneer in technical analysis and also in combining technical analysis with fundamental analysis. She publishes two reports daily using both techniques (www.rts-forex.com) for central banks, professional fund managers, corporate hedgers and individual traders. The trading advice newsletter has an average annual hypothetical return over 50% since inception in 1994 and has never posted a losing year. She is the author of three books on trading, including Technical Analysis for Dummies, and contributes a regular column to Currency Trader magazine. Her education includes a BA in economics from Reed College, with a year at the University of Keele in Staffordshire (UK), and MA from Columbia University in international affairs.

Vicki Schmelzer has worked in the professional foreign exchange industry for over 25 years. Today she is a senior financial journalist at Market News International, with foreign exchange as her main beat. She is the creator and author of TheFXSpot a daily feature that looks at financial market happenings from the FX perspective, including fixed income, intermarket analysis, and emerging markets. Before becoming a journalist, Ms. Schmelzer worked as a senior currency dealer at major U.S. and international banks including Dresdner Bank, Citibank, Manufacturers-Hanover/Chemical Bank, and Westdeutsche Landesbank. She has appeared on ForexTV and in Alain Lasfargues' 2009 documentary The Marvelous History of the Dollar. Her education includes a BA in German (and Mathematics minor) from Clarion State University and the study abroad program with the Goethe Institut in Staufen, Germany.
Barbara Rockefeller is an international economist and forecaster specialising in foreign exchange. She was a pioneer in technical analysis and also in combining technical analysis with fundamental analysis. She publishes two reports daily using both techniques (www.rts-forex.com) for central banks, professional fund managers, corporate hedgers and individual traders. The trading advice newsletter has an average annual hypothetical return over 50% since inception in 1994 and has never posted a losing year. She is the author of three books on trading, including Technical Analysis for Dummies, and contributes a regular column to Currency Trader magazine. Her education includes a BA in economics from Reed College, with a year at the University of Keele in Staffordshire (UK), and MA from Columbia University in international affairs.

Read More Show Less

Table of Contents

About the Authors
Foreword by Michael J. Woolfolk
Introduction
1. The Matrix Concept
2. Review of Risks
3. Global Attitude Toward Risk
4. Interest Rates and Interest Rate Differentials
5. Forecasting FX
6. Positions and Flows
7. Intermarket Analysis
8. Technical Analysis in Foreign Exchange
9. The FX Files of Trading
10. Be Careful What You Wish For: Reserve Diversification and the Future of the Dollar
11. The Euro and the New Gold Standard
12. The Central Bank Tool Kit and How it Affects Foreign Exchange
References
Index

Read More Show Less

Customer Reviews

Average Rating 5
( 1 )
Rating Distribution

5 Star

(1)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted March 4, 2014

    No text was provided for this review.

Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)