Thomas Oberlechner – The Psychology of the Foreign Exchange Market

Thomas Oberlechner – The Psychology of the Foreign Exchange Market

THOMAS OBERLECHNER is Professor of Psychology at Webster University. He was trained in Vienna and at Harvard University, where he wrote this book as a visiting scholar. His research on psychological aspects of financial markets has appeared in numerous academic journals in psychology and finance.

This book demystifies the foreign exchange market by focusing on the people who comprise it. Drawing on the expertise of the very professionals whose decisions help shape the market, Thomas Oberlechner describes the highly interdependent relationship between financial decision makers and news providers, showing that the assumption that the foreign exchange market is purely economic and rational has to be replaced by a more complex market psychology.

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