Euro Swiss Exchange Rate
Praise for Foreign Exchange "Tim Weithers starts by telling the reader that alien interchange is not difficult, just confusing, but Foreign Exchange: A Practical Guide to the FX Markets proves that cash is much more stimulating than anything it buys. This utile book is a whirlwind tour of the world's biggest market, and the tour guide is an expert storyteller, inserting numerous arousing and attention holding perceptivenesses and quirky facts all around the book." -John R. Taylor, Chairman, CEO and CIO, FX Concepts "The book reflects the author's doctorate from the University of Chicago, assorted years' experience as an economics professor, and, most recently, a very successful decade as an executive at a huge global bank. These rudimentary ingredients are seasoned with bits of wisdom and experience. What results is a very tasty intellectual stew." -Professor Jack Clark Francis, PhD, Professor of Economics and Finance, Bernard Baruch College "In this book, Tim Weithers distinctly explains a very perplexed subject. Foreign Exchange is full of jargon and conventions that make it very hard for non-professionals to gain a good understanding. Weither's book is a will have to for any student or professional who wants to learn the mysteries of FX." -Niels O. Nygaard, Director of Financial Mathematics, The University of Chicago "An splendid text for students and practitioners who want to become acquainted with the arcane world of the alien interchange market." -David DeRosa, PhD, founder, DeRosa Research and Trading, Inc., and Adjunct Professor of Finance, Yale School of Management "Tim Weithers provides a superb introduction to the arcana of alien interchange markets. While mainly intended for practitioners, the book would be a priceless introduction for students with some noesis of economics. The text is exceptionally clear with numeric examples and exercises that reinforce concepts. Frequent references are made to the economic theory behind the selling practices." -John F. O'Connell, Professor of Economics, College of the Holy Cross
From the Inside FlapIn today's international marketplace, there is a critical need for both person and professional investors to become better acquainted with alien exchange. As economies become more intertwined and currencies carry on to fluctuate, we will have to understand and be capable to valuate the alien interchange (FX) markets when dealing with a potpourri of concerns, from consumption conclusions and investment portfolios to business and retirement plans.Throughout his academic and professional financial careers, Tim Weithers has introduced thousands of persons to the alien interchange markets and empowered them to navigate this dynamic environment. Now, in Foreign Exchange: A Practical Guide to the FX Markets, Weithers shares his knowledge, insights, intuition, and a heap of years of experience with you. Blending theory and practice, this straightforward financial primer takes the technical selective information commonly related with today's FX markets and makes it more accessible. First, you'll become intimate with a heap of of the basic parts of alien exchange—major currencies, bid-ask spreads, and the importance of interest rates—as well as gain galore historical perspective on the evolution and development of the FX markets. After this firstborn overview, you'll receive a elaborated description of the products, techniques, and schemes that may be used to master the alien interchange markets. Topics discussed within the following pages include: - The alien interchange spot market
- FX forwards and futures
- Cross-currency interest rate swaps
- FX options, structured products, and exotic options
- The economics of interchange rates and global trade
- Currency crises
- Modern developments
- And much more
With this book as your guide, you'll also gain a solid understanding of how the FX market and it is instruments work; acquire an capacity to look beyond the noise of news reports and stories staged by the ordinary media and financial press; and learn how to refrain from a great deal of of the most mutual faults made in today's FX markets. Filled with in-depth perceptivities and helpful recommendations, and backed by galore examples and exercises, Foreign Exchange frames the FX market in practical economic terms that may aid you make sense of this ever-evolving, and oftentimes confusing, environment. From the Back CoverPraise for Foreign Exchange "Tim Weithers starts by telling the reader that alien interchange is not difficult, just confusing, but Foreign Exchange: A Practical Guide to the FX Markets proves that cash is much more stimulating than anything it buys. This utile book is a whirlwind tour of the world's biggest market, and the tour guide is an expert storyteller, inserting a lot of arousing and attention holding perceptivenesses and quirky facts allround the book." —John R. Taylor, Chairman, CEO and CIO, FX Concepts "The book reflects the author's doctorate from the University of Chicago, assorted years' experience as an economics professor, and, most recently, a very successful decade as an executive at a big international bank. These rudimentary ingredients are seasoned with bits of wisdom and experience. What results is a very tasty intellectual stew." —Professor Jack Clark Francis, PhD, Professor of Economics and Finance, Bernard Baruch College "In this book, Tim Weithers distinctly explains a very perplexed subject. Foreign Exchange is full of jargon and conventions that make it very hard for non-professionals to gain a good understanding. Weither's book is a ought to for any student or professional who wants to learn the mysteries of FX." —Niels O. Nygaard, Director of Financial Mathematics, The University of Chicago "An magnificent text for students and practitioners who want to become acquainted with the arcane world of the alien interchange market." —David DeRosa, PhD, founder, DeRosa Research and Trading, Inc., and Adjunct Professor of Finance, Yale School of Management "Tim Weithers provides a superb introduction to the arcana of alien interchange markets. While principally intended for practitioners, the book would be a priceless introduction for students with galore psychological result of perception learning and reasoning of economics. The text is particularly clear with numeric examples and exercises that reinforce concepts. Frequent references are made to the economic theory behind the retail practices." —John F. O'Connell, Professor of Economics, College of the Holy Cross About the AuthorTIM WEITHERS, PhD, was one of the members of the Education Department of the O'Connor Partnership, a legendary proprietary option retail firm, which is now share of UBS. As a Managing Director of Financial Markets Education for UBS, he teaches thousands of clients and workers each year through seminars and internal classes, and serves as a faculty fellow member of the Graduate Program on Financial Mathematics at The University of Chicago.
Most helpful client reviews 20 of 21 persons found the following review helpful.
Very informative, very readable By Paul Teetor This book was incisively what I needed. I was intimate with forex futures, and I wanted to break into the cash forex market and perchance into currency options. This book gave me a clear comprehensible statement of the markets, including the conventions, the mechanics, the spot market, forex swaps, forex options, etc., and a lot of of the components which drive interchange rates (e.g., interest rates).
The book is very readable. Usually, this sort of thing puts me to sleep. But I knocked off a chapter per day, no problem. The author is a fellow member of the UBS training department, and he without doubt or question has experience explaining this topic to the uninitiated.
The math is rather light. Nothing more perplexed than algebra, which is necessary to explain a heap of pricing logic.
The book does not incorporate merchandising secrets. It is not a system for marketing forex. It does not explain How I Made $1,000,000 Trading Forex. It will not help you pick a broker. It is not an exposition on the stochastic theory of forex pricing. It is, however, a clear comprehensible statement of the FX markets. 8 of 11 people found the following review helpful.
Basic FX knowledge By M. Ambastha The book is good for someone with no exposure to FX markets and for those who want to get a handle on things like how rates are quoted, why digital choices make sense etc. The only gripe I have with regards to this book is that it is an introduction to the topic, and not an innovative exposition on FX models, etc. Otherwise it is well written. 1 of 1 people found the following review helpful.
A must reading By Shady Bahouth Mr. Weithers had part in his book lot of valuable insights. As a professional dealer of the FX market for more than 15 years ago, as well as a Lecturing on this subject on various universities in Israel I genuinely commend Mr. Weithers' book as a will have to reading for both beginners and professional. Frankly, it worth reading time expended on it.
Sencirily, Shady Bahouth See all 7 client reviews... |
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