Currency trading

[wiessman]

To the board - I'm looking for insight and ideas

 

My cousin is a summer intern with a large investment bank's currency trading desk in Hong Kong.  Apparently, the training is pretty cryptic.  Accordingly, I'm looking for some ideas - are there any books, articles, papers, etc that you are aware of that would discuss the introductory elements of currency trading?

 

Any and all ideas are welcome

 

Thanks!!!!!!!!

[ExpectedValue]

I have a buddy who is a macro trader that recommends this book:

 

http://www.amazon.com/Exchange-Rate-Determination-Forecasting-McGraw-Hill/dp/0071415017/ref=sr_1_4?ie=UTF8&s=books&qid=1278011521&sr=1-4

 

Written by the leader of the number-one-ranked foreign exchange rate research team in the world, this exhaustively researched yet fluid and reader-friendly book covers tools and methodologies used to forecast exchange rates over different timeframes including:

 

Short-Run--Tools examined include moving-average trend-following trading rules, sentiment and positioning surveys, FX dealer customer-flow data, and more

Medium-Run--Macroeconomic indicators examined include trend in real interest rate differentials, current and capital account balances, relative monetary and fiscal policies, and more

Long-run--Forces that give rise to long-term cycles are discussed, including relative productivity growth; trends in a country's terms of trade, savings, and investment; and more

[wiessman]

Thanks Tariq for the quick response

Very helpful to us

[elltel]

this was the one we were told to buy by our professor at uni (who was an FX Trader in a previous life)

its very good and has lots of examples

 

http://www.amazon.com/Option-Volatility-Pricing-Strategies-Techniques/dp/155738486X/ref=sr_1_1?ie=UTF8&s=books&qid=1278077146&sr=8-1

 

[wiessman]

Thanks elltel - very helpful