Description:
Part I: Understanding Foreign Currency Price Movements.Introduction.Why Foreign Exchange Spot Rates Move.The Money Market.Forecasting Foreign Exchange Rates.Part II: How To Price and Trade Foreign Currency Products.Foreign Exchange Market Participants.The Basics of Foreign Exchange.The Forward Market.Currency Options.Foreign Currency and Interest Rate Swaps.How Price Makers Trade the Markets.Part III: Managing Foreign Currency Exposure.Transaction Exposure.Economic Exposure.Commodity Transaction Exposure.Accounting and Translation Exposure.Credit Risk in Foreign Exchange Transactions.Establishing and Managing a Hedging Policy.
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