Most asset classes move in a fairly straightforward manner. They're either going up or down at any given time. But when it comes to currencies it's not that simple. Since they're all traded against each other (the pound vs. the dollar, the pound vs. the euro, the pound vs. the yen) there's always some rising and some falling at any given time. Everything's relative. So what drives these relative movements, and how do traders decide what bets to place? On this week's episode of the Odd Lots podcast, we talk to Ken Veksler, a currency trader, and director of Accumen Management about how this market operates, and how he navigates it.

Most asset classes move in a fairly straightforward manner. They're either going up or down at any given time. But when it comes to currencies it's not that simple. Since they're all traded against each other (the pound vs. the dollar, the pound vs. the euro, the pound vs. the yen) there's always some rising and some falling at any given time. Everything's relative. So what drives these relative movements, and how do traders decide what bets to place? On this week's episode of the Odd Lots podcast, we talk to Ken Veksler, a currency trader, and director of Accumen Management about how this market operates, and how he navigates it.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

This Is How a Currency Trader Actually Picks What to Buy and Sell

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/7fcb1b10-4c3e-451f-8c39-ae27005b6c33/transcript

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