What is an exotic option? Exotic options are options that do not have all the properties of conventional currency options. These

What is a Currency Option? A currency option is an agreement between two compensations whereby the buyer of the option

What is a Currency SWAP ? The currency swap is a dual exchange rate operation simultaneously, one spot, the other

What is a Forward Exchange ? The forward exchange is used in hedging by exporters or importers in the case of the

Introduction: it was during the thirties that Ralph Nelson Elliott shows that markets have cycles and that these cycles are rules by

The hedging strategy consists to hedge against fluctuations of the exchange rate by taking two opposite positions of a same amount.

The technical of carry trade is one of the most known and used in the world of finance. Most institutionals and