As head FX strategist at CMC Markets–one of the world's leading forex/commodity brokers–Ashraf Laidi understands the forces shaping today's currency market and their interplay with interest rates, equities, and commodities. And now, with Currency Trading and Intermarket Analysis, he shares his extensive experiences in this field with you. Throughout the book, Laidi outlines the tools needed to understand the macroeconomic and financial nuances of this dynamic field and provides you with insights that are essential to making the most of your time within it.
Table of Contents
Ch. 1 Gold and the dollar 1
Ch. 2 Oil fundamentals in the currency market 25
Ch. 3 When the dollar was king (1999-2001) 51
Ch. 4 The dollar bear awakens (2002-2007) 71
Ch. 5 Risk appetite in the markets 111
Ch. 6 Reading the Fed via yield curves, equities, and commodities 137
Ch. 7 U.S. imbalances, FX reserve diversification, and the U.S. dollar 161
Ch. 8 Commodities supercycles and currencies 191
Ch. 9 Selected topics in foreign exchange 225
Bibliography 249
About the author 251
Index 253