The Money Changers: A Guided Tour through Global Currency Markets
| Author | : | |
| Rating | : | 4.12 (837 Votes) |
| Asin | : | 1842776959 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2015-05-22 |
| Language | : | English |
DESCRIPTION:
Currency markets, worth almost $2 trillion per day in trade, link the world together. The tour through the volatile and rapidly evolving world of the money changers provides a basic orientation for deciphering complex causes of yet unforeseen financial events.. Yet few people know how they work and why they are prone to instability and bouts of panic. The book will give the reader a graphic picture of the geographical and structural organization of global currency markets and the people who operate them. This book, neither a technical manual nor a get-rich-quick tract, takes the reader on a guided tour of the places, the machines, the circuitry and the people involved in moving the world's money. From the simple to the complex, currency traders, market analysts, money managers and payments systems architects show their workplaces and reveal their day-to-day experiences
Williams is Voehringer Professor of Economics at Guilford College, North Carolina.. Robert G
Jason Fossen said A fun read to fill in background understanding. This was a very enjoyable quick book to read about the internal workings of the foreign currency exchange markets. It is not intended for FX daytraders, but traders should find it interesting. It is not intended for academics, but a grad student in a related field will likely find it to be at just the right level of abstraction (not too deep in the weeds and not too superficial). It is mainly writt. The Money Changers - Accessible and interesting for the lay reader Adele Wayman Reading The Money Changers: A Guided Tour Through Global Currency Markets by Robert Williams was both exceptionally educational and entertaining. I am an art professor and not knowledgeable about economics. However, I have traveled a lot overseas and have always been confused about rates of foreign exchange and why they move up and down in a way that seems so unpredictable. This book explained a gr. "A fine introduction to currency markets for students and the interested general reader" according to Craig Matteson. Robert G. Williams has written an entertaining and informative book about how the world currency markets work. He starts with a story about a summer trip he and some students took to Europe and the impact the fluctuations in the local currency against the dollar impacted their budget for the trip and how he was able to manage that best through smarter currency exchange.The rest of the book has him
Summing Up: Highly recommended. Ingo Walter, Seymour Milstein Professor of Finance, Corporate Governance and Ethics at the Stern School of Business, New York University 'Currency trade is made accessible through the recounting of a series of personal experiences of the author, and professional encounters ranging from bank managers to backroom tradersendeavours to bring abstract concepts of currency exchange down to earth and portray in simple terms the geographical and structural organisations of global currency.' Oxfam Reviews of Journals 'Ambitious and informativea colourful history of international finance.' Tribune, November 2006 . The discussion is up-to-date, and the use of dialogue makes the book very accessible to the intelligent but uninformed reader. This is a nontechnical exploration into the mechanics of the foreign exchange market, which Williams (Guilford College) nicely motivates by starting