Furthermore, the trader must be able to analyze macroeconomics accounting principles, such as a central bank's level of reserves, current / capital account surpluses and deficits, as well as study the causes and outcomes of speculative attacks on currency, for example, the Bank of England, Mexican and Thai currency debacles make for interesting case studies. (investopedia.com)
As a result of this these countries lost their competitivity, which affected their exports, and they became the targets of speculative attacks since their exchange rates no longer appeared credible. (religion-online.org)
CURRENCY CRISES AND CURRENCY WARS By Gordon Platt FX has withstood many crises, including speculative attacks on the British pound, the Mexican peso crisis, the Thai baht crisis and, more recently, a euro under strain and a potential threat... (gfmag.com)