Interview | AUG 2002
Interview: Trading The Currency Market With Cornelius Luca by J. Gopalakrishnan
Interview: Trading The Currency Market With Cornelius Luca by J. Gopalakrishnan Cornelius Luca is an author and international consultant in foreign exchange and technical analysis. Luca has spent his entire professional life in international finance, and since 1983, he has been a foreign currency trader in the major currencies. What’s the currency market look like right now, considering the unrest in the other markets? To find out what Luca had to say, STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan called him on May 24, 2002. What got you interested in the currency markets? I have always been interested in international trade; it is one of the most significant factors behind international affairs. Foreign exchange pretty much goes right in the middle of international trade, because it’s what makes things move faster or slower. Once I was exposed to foreign exchange, I also realized I liked the markets, and by and large, felt the two were a pretty good combination. Can you give us an idea of how the currency markets operate? In terms of scope, foreign exchange generally is the fastest shock absorber when it comes to international pressures among economies. On a day-to-day basis, you have a 24-hour market, which makes it difficult to trade. Because of this you have a variety of large players, primarily banks, and also corporations and hedge funds, that get involved. But central banks don’t get involved except on rare occasions.
by Jayanthi Gopalakrishnan
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.