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This Is How a Currency Trader Actually Picks What to Buy and Sell
Podcast |
Odd Lots
Publisher |
Bloomberg
Media Type |
audio
Categories Via RSS |
Business
Business News
Investing
News
News Commentary
Publication Date |
Nov 13, 2017
Episode Duration |
00:31:41

Most asset classes move in a fairly straightforward manner. They're either going up or down at any given time. But when it comes to currencies it's not that simple. Since they're all traded against each other (the pound vs. the dollar, the pound vs. the euro, the pound vs. the yen) there's always some rising and some falling at any given time. Everything's relative. So what drives these relative movements, and how do traders decide what bets to place? On this week's episode of the Odd Lots podcast, we talk to Ken Veksler, a currency trader, and director of Accumen Management about how this market operates, and how he navigates it.

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