On-Line Manual For Successful Trading
Short Description
FOREX. On-line Manual For Successful Trading. 8. 1.2. Foreign Exchange in a Historical Perspective. Currency trading has a long history and can be traced …
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Content
On-Line Manual
For Successful TradingFOREX. On-line Manual For Successful Trading ii
CONTENTS
Chapter 1. Introduction 7
1.1. Foreign Exchange as a Financial Market 7
1.2. Foreign Exchange in a Historical Perspective 8
1.3. Main Stages of Recent Foreign Exchange Development 9
The Bretton Woods Accord 9
The International Monetary Fund 9
Free-Floating of Currencies 10
The European Monetary Union 11
The European Monetary Cooperation Fund 12
The Euro 12
1.4. Factors Caused Foreign Exchange Volume Growth 13
Interest Rate Volatility 13
Business Internationalization 13
Increasing of Corporate Interest 13
Increasing of Traders Sophistication 13
Developments in Telecommunications 14
Computer and Programming Development 14…
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