pennyless

From the perspective of someone who works on a forex trading floor, let me just say that this whole currency stuff in the curriculum is weird. For one it's all quoted the wrong way around (at least to someone who is used to working with market convention). Secondly, hardly any of these theories (PPP, IRP...) hold in practice. It just kills me....I keep having to remember not only the formulas but also the "correct" notation and of course then I have to figure out which is theory and which is the real life answer.....!