Currency Strategy: A Practitioner's Guide to Currency Trading, Hedging and Forecasting

Rating:
Summary: Good as a textbook, but bad as a trader's guide
Review: As a professional trader who deals with the ups and downs of the FX market from Monday to Friday for years, particularly with the extreme volatility of USD from last October till now, I am obliged to comment that the book is of little practical/predictive use. Unless you really wanna study academic theories about FX like different kinds of exchange rate regime or exchange rate model (which seldom held themselves), or get reasons to hedge your exposure "completely" for your company's or your own investment portfolio, please give this book a pass.

Rating:
Summary: Currency Strategy: A Practitioner's Guide to Currency Tradin
Review: Currency Strategy: A Practitioner's Guide to Currency Trading, Hedging and Forecasting by Callum Henderson provides an analytical framework for currency analysis and forecasting, combining long-term economic valuation models with market-based valuation techniques to produce a more accurate and user-friendly analytical tool for the currency market practitioners themselves.

Rating:
Summary: A Good Read!
Review: In 1971, President Richard Nixon ended the convertibility of the dollar into gold and thereby scotched the mechanism of international agreements and regulations that had governed the world monetary system since the end of World War II. Over the ensuing decades, the once-stable global monetary environment became an exciting, volatile new source of risk and opportunity. Manufacturers saw their fortunes rise and fall as currency shifts favored them or, alternatively, their competitors overseas. Financial institutions discovered new opportunities and dangers in fast-moving currency markets. We recommend this book for its detailed and generally clear, albeit often tedious, introduction to the tools, techniques and strategies readers may use to manage risk or speculate in the world's biggest financial arena - the unregulated international currency market.

Rating:
Summary: Very Informative - good for novice traders
Review: There is a lot of material in this book that traders should know. Some are minor details, but these are the same details that can determine whether a trade will be profitable. It is divided into three parts towards the end to suit three types of investors: (1) corporate, (2) institutional, and (3) speculator. Obviously not all three will suit you, but you can learn some things from all of them. Take a look.

Rating:
Summary: A very good forex hedging primer.
Review: This book is a well written, easy to read book on FX markets with diagrams and examples to help clarify concepts. It can be used as an initial introduction on trends and models and is excellent for those more experienced who want to review basic concepts. The only gripe I have about it is that the currency models seem very simplistic. Of course, I have the same gripe about the simplistic usage of math in all economic books.

Rating:
Summary: A very good forex hedging primer.
Review: This book is a well written, easy to read book on FX markets with diagrams and examples to help clarify concepts. It can be used as an initial introduction on trends and models and is excellent for those more experienced who want to review basic concepts. The only gripe I have about it is that the currency models seem very simplistic. Of course, I have the same gripe about the simplistic usage of math in all economic books.