Sorry in advance if this breaches any forum rules, but I'm reading a copy of Laidis Currency Trading and Intermarket Analysis book.
In chapter 1 the notion of Golds aggregate annual return vs currencies is not clear to me.
In chapter 3 the term Bilateral Currency Returns is also not clear to me
To anyone who may have read this book and understands these terms could you please tell me your interpretation of what this means and/or an example of how one might calculate these values.
Thanks for your assistance,
Ah.
In chapter 1 the notion of Golds aggregate annual return vs currencies is not clear to me.
In chapter 3 the term Bilateral Currency Returns is also not clear to me
To anyone who may have read this book and understands these terms could you please tell me your interpretation of what this means and/or an example of how one might calculate these values.
Thanks for your assistance,
Ah.