All You Need to Know About Exchange Rates

Using jargon-free language, the book examines all the theoretical and technical aspects connected with exchange rates and shows how they can be applied to the benefit of any investor. This book illustrates that exchange rates are the single most important factor affecting the value of investments and highlights the importance of their relationship to equities, bonds and cash investment. Guidelines are provided for judging the strength of particular currencies and the background to the past, current and future developments of the major currencies is studied.