The Economics of Foreign Exchange
Douch, Nick![The Economics of Foreign Exchange](https://support.digitalhusky.com/media/annotations/sorted/115/1153718/CHSBZCOP031153718.jpg)
A pioneering exploration of the relevance of economic theory to the practical realities of the foreign exchange market, this volume presents a well-reasoned, comprehensive examination of the degree to which economic theories and forecasts are helpful in predicting exchange rates. Douch, an economist who has worked closely with the foreign exchange market, argues that theoretical economic models have exhibited some serious inadequacies in forec...