Tom Lydon 
Making Money from Money : The World of Currencies [EPUB ebook] 
The World of Currencies

This is the e Book version of the printed book.

This Element is an excerpt from The ETF Trend Following Playbook: Profiting from Trends in Bull or Bear Markets with Exchange Traded Funds (ISBN: 9780137029013) by Tom Lydon. Available in print and digital formats.

What you need to know about currency trading-and how to use currency ETFs to profit from it.

In recent years, the dollar has become significantly weaker than other major currencies. At one point, US$1 was worth half of GBP1. But having a strong or weak currency is never uniformly a good or bad thing. Consider the implications for both circumstances. With a weak dollar, you may be less inclined to purchase goods manufactured in countries with much stronger currencies. Meanwhile….