A cutting-edge guide to the foreign exchange markets.
The Swedish krona gained 14% against the US dollar over 2020 while the Brazilian real lost 23%. This book explains why neither of these currencies will repeat these runs any time soon.
There are trillions of dollars of foreign exchange futures and options to choose from.
It is a challenge to find the currency that best rewards your savings. Dr. David J. Howden takes the reader on a whirlwind tour of the most widely traded currencies over the past century. Using past trends and cycles, this almanac provides a roadmap of the next decade of forex returns.
Dr. Howden´s method is simple and intuitive—and it works.
With over eighteen centuries of financial data under examination, this book underscores the oft-repeated mantra that the “future doesn´t repeat, but it rhymes.” Using the past to find the cycles and valuations likely to occur in the future allows the investor to secure superior returns.
Drawing on more than fifteen years of experience in the financial markets, Dr. Howden guides the investor through the muddles of the world´s major currencies. Timely forecasts and prospective returns for the twenty most highly traded currencies simplify the trading process for the reader and let him prudently invest his savings where the markets will treat his money best.
Over 300 high-quality charts and diagrams bring the forecasts to life so the reader can see for himself how the forecasts compare.
Unlike other investment books, Dr. Howden also offers practical tips on finding the best foreign exchange values and shows how all investors – from the institutional to the uninitiated – can minimize stress and take full advantage of the world´s currency markets.
Do you want to find out why the Brazilian real is the most undervalued currency in the world today? Or that the Taiwan dollar is the most overvalued? Read on. The Almanac of Foreign Exchange is the essential guide for the coming decade.
The Almanac includes full coverage of the twenty most widely traded currencies including: the Australian dollar, Brazilian real, Canadian dollar, Chinese renminbi, , the Euro, Hong Kong dollar, Indian rupee, Japanese yen, Mexican peso, Norwegian krone, New Zealand dollar, Pound sterling, Singapore dollar, South African rand, South Korean won, Swedish krona, Swiss franc, Taiwan dollar, Turkish lira, and the US dollar.
