Author: Brian Twomey
Publisher: Bloomberg Press; 1 edition (November 1, 2011)
Average Rating: 4.0 star
The currency market is a place which has numerous interesting aspects. There are a multitude of factors which affect the currency movements such as trade balances, monetary policies, inflation levels etc. Traders of the currency market utilize several technical and financial tools to become successful and minimize the chance of losses. Inside the Currency Market by the respected author and Professor Brian Twoney is a tool which will help any aspiring trader understand the workings of the currency exchange scene and suggests various strategies which increase the chances of success.
The book aims at educating those who have just been introduced to currency markets and the foreign exchange scene. People that have little to no experience with trading in either scenario will find abundance of highly useful information written in a well organized form. It is not exactly easy to understand something as complex and ever changing as the foreign exchange markets, which is the reason why any beginner trader should start their learning process with this book.
The book provides some highly detailed discussions on gathering and analyzing global financial data. This is the preliminary step traders should taketo have an informed and well defined approach to identify profitable trades and invest accordingly.