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How Currency Markets Work

An Insider's Guide to a System Driven by Geopolitics and Trader Psychology

Andrew Nissenbaum (Macrofund) Patrick Cullen (London School of Economics)

$107.95

Hardback

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English
John Wiley & Sons Inc
13 April 2026
An insider’s original take on how global currency markets operate in the real world

In How Currency Markets Work, a veteran currency trader and a geopolitical risk analyst deliver a comprehensive and street-smart guide for understanding currency markets. The authors combine insights from the worlds of trading, economics, and geopolitics to create an eye-opening and original new take on how currency prices are determined.

This book bridges the gap between how currency markets are taught and how they actually trade, using character-driven narratives built on real-world market events and data to explain currency trading successes and failures in intuitive and practical ways.

Inside the book:

Actionable tools and tested strategies for currency trading you can apply immediately to improve your returns and your portfolio’s risk profile Clear real-world examples of how geopolitical events, wars, and political shifts impact currency values Profiles of the speculators, corporate hedgers, and central banks whose interplay shapes exchange rates Advanced strategies for options, volatility trading, and exploiting mathematical relationships in currency markets

A deeply insightful and accessible exploration of a much-discussed topic, How Currency Markets Work is a powerful new resource for academics, researchers, hedge fund managers, bank traders, policymakers, and practicing and aspiring forex traders.
By:   ,
Imprint:   John Wiley & Sons Inc
Country of Publication:   United States
Dimensions:   Height: 231mm,  Width: 160mm,  Spine: 31mm
Weight:   454g
ISBN:   9781394335176
ISBN 10:   1394335172
Pages:   256
Publication Date:  
Audience:   Professional and scholarly ,  College/higher education ,  Undergraduate ,  Further / Higher Education
Format:   Hardback
Publisher's Status:   Active

ANDREW NISSENBAUM is the Founder and CEO of Macrofund and a seasoned interbank currency trader. He served as Head of Macro Research at Soros Fund Management’s Quantum Fund and ran the top-ranked Hypothesis Macro Fund LTD at the age of 22. PATRICK CULLEN is a ­Geopolitical Risk Analyst with a PhD from the London School of Economics and Political Science. His work in the intelligence sector includes strategic foresight and horizon scanning. He is a thought leader in early warning and detection of hybrid threats.

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