Wednesday, 21 January 2009
Currency market analysis is a key economic discipline
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.
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