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.
Ashraf Laidi wrote a tremendous book. Sure, it can be a little "heavy" sometimes in terms of the content, but the relationships and correlations that the author illustrates, regarding (especially) risk appetite in general, are truly invaluable and allows the reader to fully understand what makes some currencies or commodities like gold work as "safe-havens" in times of economic turmoil.
Beside that part in particular, I really enjoyed the general outlook of the main currencies from the past decades.
It won't give many trading "secrets" in specific but it will surely give you a broader, clearer look on what drives the markets.
Highly recommended as a fundamental analysis textbook.
Great book to understand fundamentals behind currencies, commodities. However it is about time that the book gets a revised edition as the events and content covers till 2008 only.
After reading you can watch the currency markets fluctuate based on the forces that exist in the financial world and understand why Gold, Oil, Bonds,and Equities Markets and World Events are all catalysts for the key driver of currencies "RISK" vs. "Risk Aversion". Ashraf explains to the reader the correlations and the pressure moves of these interrelated markets.