Foreign Exchange And Money Market Transactions Ubs by Ubs instant download after payment.

Currency markets are a source of fascination to market players and observers alike. The momentum and the volatility of the markets, the wide range of factors affecting exchange rates and their impact on the economy as a whole make this a particularly varied and interesting topic. There is good reason why currency market analysis is regarded as one of the key economic disciplines.

After all, the currency markets influence many areas of our daily life. Their impact extends beyond imports and exports to factors that have an indirect effect on us, e.g. the relationship between interest rates and exchange rates. These in turn influence economic decisions that apparently have nothing to do with foreign trade. Changes in exchange rates are one of the major risks to which companies and investors are exposed. It is thus impossible to imagine company managers or asset managers ignoring the risks inherent in a shift in exchange rates.

This publication looks at various aspects of the foreign currency markets. It starts with an overview of the main factors determining exchange rates and a brief history of the currency markets. However, the main focus is on how the currency markets work, with particular reference to new financial instruments. The aim is to provide a balanced insight into the theory and workings of the currency markets.