{"product_id":"currency-strategy-9780470027592","title":"Currency Strategy","description":"\u003cb\u003eBook Synopsis\u003c\/b\u003e\u003cbr\u003eCurrency Strategy, Second Edition develops new techniques and explains classic tools available for predicting, managing, and optimizing fluctuations in the currency markets.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eTable of Contents\u003c\/b\u003e\u003cbr\u003e\u003cb\u003ePreface to the Second Edition.\u003c\/b\u003e  \u003cp\u003e\u003cb\u003eAcknowledgements.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eAbout the Author.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIntroduction.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE: THEORY AND PRACTICE.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e1 Fundamental Analysis: The Strengths and Weaknesses of Traditional Exchange Rate Models.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1.1 Purchasing Power Parity.\u003c\/p\u003e \u003cp\u003e1.2 The Monetary Approach.\u003c\/p\u003e \u003cp\u003e1.3 The Interest Rate Approach.\u003c\/p\u003e \u003cp\u003e1.4 The Balance of Payments Approach.\u003c\/p\u003e \u003cp\u003e1.5 The Portfolio Balance Approach.\u003c\/p\u003e \u003cp\u003e1.6 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e2 Currency Economics: A More Focused Framework.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e2.1 Currencies are Different.\u003c\/p\u003e \u003cp\u003e2.2 Currency Economics.\u003c\/p\u003e \u003cp\u003e2.3 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e3 Flow: Tracking the Animal Spirits.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e3.1 Some Examples of Flow Models.\u003c\/p\u003e \u003cp\u003e3.2 Speculative and Non-Speculative Flows.\u003c\/p\u003e \u003cp\u003e3.3 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e4 Technical Analysis: The Art of Charting.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e4.1 Origins and Basic Concepts.\u003c\/p\u003e \u003cp\u003e4.2 The Challenge of Technical Analysis.\u003c\/p\u003e \u003cp\u003e4.3 The Art of Charting.\u003c\/p\u003e \u003cp\u003e4.4 Schools of (Technical) Thought.\u003c\/p\u003e \u003cp\u003e4.5 Technical Analysis and Currency Market Practitioners.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO: REGIMES AND CRISES.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e5 Exchange Rate Regimes: Fixed or Floating?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e5.1 An Emerging World.\u003c\/p\u003e \u003cp\u003e5.2 A Brief History of Emerging Market Exchange Rates.\u003c\/p\u003e \u003cp\u003e5.3 Fixed and Pegged Exchange Rate Regimes.\u003c\/p\u003e \u003cp\u003e5.4 Exchange Rate Regime Sustainability – A Bi-Polar World?\u003c\/p\u003e \u003cp\u003e5.5 The Realworld Relevance of the Exchange Rate Regime.\u003c\/p\u003e \u003cp\u003e5.6 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e6 Model Analysis: Can Currency Crises be Predicted?\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 A Model for Pegged Exchange Rates.\u003c\/p\u003e \u003cp\u003e6.2 A Model for Freely Floating Exchange Rates.\u003c\/p\u003e \u003cp\u003e6.3 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART THREE: THE REAL WORLD OF THE CURRENCY MARKET PRACTITIONER.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003e7 Managing Currency Risk I – The Corporation: Advanced Approaches to Corporate Treasury FX Strategy.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7.1 Currency Risk.\u003c\/p\u003e \u003cp\u003e7.2 Types of Currency Risk.\u003c\/p\u003e \u003cp\u003e7.3 Managing Currency Risk.\u003c\/p\u003e \u003cp\u003e7.4 Measuring Currency Risk – VaR and Beyond.\u003c\/p\u003e \u003cp\u003e7.5 Core Principles for Managing Currency Risk.\u003c\/p\u003e \u003cp\u003e7.6 Hedging – Management Reluctance and Internal Methods.\u003c\/p\u003e \u003cp\u003e7.7 Key Operational Controls for Treasury.\u003c\/p\u003e \u003cp\u003e7.8 Tools for Managing Currency Risk.\u003c\/p\u003e \u003cp\u003e7.9 Hedging Strategies.\u003c\/p\u003e \u003cp\u003e7.10 Optimization.\u003c\/p\u003e \u003cp\u003e7.11 Hedging Emerging Market Currency Risk.\u003c\/p\u003e \u003cp\u003e7.12 Benchmarks for Currency Risk Management.\u003c\/p\u003e \u003cp\u003e7.13 Budget Rates.\u003c\/p\u003e \u003cp\u003e7.14 The Corporation and Predicting Exchange Rates.\u003c\/p\u003e \u003cp\u003e7.15 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e8 Managing Currency Risk II – The Investor: Currency Exposure within the Investment Decision.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e8.1 Investors and Currency Risk.\u003c\/p\u003e \u003cp\u003e8.2 Currency Markets are Different.\u003c\/p\u003e \u003cp\u003e8.3 To Hedge or not to Hedge – That is the Question!\u003c\/p\u003e \u003cp\u003e8.4 Absolute Returns – Risk Reduction.\u003c\/p\u003e \u003cp\u003e8.5 Selecting the Currency Hedging Benchmark.\u003c\/p\u003e \u003cp\u003e8.6 Relative Returns – Adding Alpha.\u003c\/p\u003e \u003cp\u003e8.7 Examples of Active Currency Management Strategies.\u003c\/p\u003e \u003cp\u003e8.8 Emerging Markets and Currency Hedging.\u003c\/p\u003e \u003cp\u003e8.9 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e9 Managing Currency Risk III – The Speculator: Myths, Realities and How to be a Better Currency Speculator.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e9.1 The Speculator – From Benign to Malign.\u003c\/p\u003e \u003cp\u003e9.2 Size Matters.\u003c\/p\u003e \u003cp\u003e9.3 Myths and Realities.\u003c\/p\u003e \u003cp\u003e9.4 The Speculators – Who they are.\u003c\/p\u003e \u003cp\u003e9.5 The Speculators – Why They Do It.\u003c\/p\u003e \u003cp\u003e9.6 The Speculators – What They Do.\u003c\/p\u003e \u003cp\u003e9.7 Currency Speculation – A Guide.\u003c\/p\u003e \u003cp\u003e9.8 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e10 Applying the Framework.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e10.1 Currency Economics.\u003c\/p\u003e \u003cp\u003e10.2 Flow Analysis.\u003c\/p\u003e \u003cp\u003e10.3 Technical Analysis.\u003c\/p\u003e \u003cp\u003e10.4 Long-Term Valuation.\u003c\/p\u003e \u003cp\u003e10.5 The Signal Grid.\u003c\/p\u003e \u003cp\u003e10.6 Risk Appetite Indicators.\u003c\/p\u003e \u003cp\u003e10.7 Exchange Rate Regimes.\u003c\/p\u003e \u003cp\u003e10.8 Currency Crises and Models.\u003c\/p\u003e \u003cp\u003e10.9 Managing Currency Risk I – The Corporation.\u003c\/p\u003e \u003cp\u003e10.10 Managing Currency Risk II – The Investor.\u003c\/p\u003e \u003cp\u003e10.11 Managing Currency Risk III – The Speculator.\u003c\/p\u003e \u003cp\u003e10.12 Currency Strategy for Currency Market Practitioners.\u003c\/p\u003e \u003cp\u003e10.13 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e11 EmergingWorld: New Growth Markets for Global FX.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e11.1 The Growth of Emerging Markets as an Asset Class.\u003c\/p\u003e \u003cp\u003e11.2 Increasing Importance of EM Currencies.\u003c\/p\u003e \u003cp\u003e11.3 Explosive Growth in Asian Currencies.\u003c\/p\u003e \u003cp\u003e11.4 Asian NDF Markets: Growth and Liberalization.\u003c\/p\u003e \u003cp\u003e11.5 Emerging European Currencies.\u003c\/p\u003e \u003cp\u003e11.6 Latin American Currencies.\u003c\/p\u003e \u003cp\u003e11.7 Summary.\u003c\/p\u003e \u003cp\u003e\u003cb\u003eConclusion.\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eIndex.\u003c\/b\u003e\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":49402263830871,"sku":"9780470027592","price":69.34,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0817\/1739\/5799\/files\/9780470027592.jpg?v=1730479878","url":"https:\/\/bookcurl.com\/products\/currency-strategy-9780470027592","provider":"Book Curl","version":"1.0","type":"link"}