10 Comments
Apr 5Liked by Capital Flows

Thanks for the primer.

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Apr 2Liked by Capital Flows

Thanks so much mate for making these FX Primer's available to all! 🙏

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Nov 21, 2023Liked by Capital Flows

This is veryyy good stuff....

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author

thank you sir!

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Great work as always! I know this will be a great series. I have two questions, first is the CME FX swap rate monitor similar to the XCCY chart from bloomberg? And I’m currently reading the art of currency trading (great book) but a lot of books/literature on trading FX is focused on spot trading? I’m wondering how different currency futures trading is compared to spot trading?

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author

Read book #4 in the article for the technical side.

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author

So no the CME fx took is not xccy. The futures curve of fx is going to connect with the fx forwards. Similar to how bonds might trade at different rates across the curve, fx does as well.

For futures compared to spot it really depends. Generally speaking if you’re just trading directionally, the closest future contracts are just a proxy. Depending on the constraints of the situation, I’ll use futures as opposed to spot.

The other books provide a much more technical explanation of things. Brent’s book is more from a traders perspective than a technical one.

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thank you for the breakdown on my questions. I have a PDF of book 4 and I will dig into it!

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Aug 8, 2023Liked by Capital Flows

Great work man!

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author

🙏🤝

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