All About Forex Market in USA

All About Forex Market in USA

Over the past forty years, the Federal Reserve Bank of New York has published monographs about the operation of the foreign exchange market in the United States. The first of these reports, The New York Foreign Exchange Market, by Alan Holmes, was published in 1959. The second, also entitled The New York Foreign Exchange Market,
was written by Alan Holmes and Francis Schott and published in 1965. The third publication, Foreign Exchange Markets in the United States, was written by Roger Kubarych and published in 1978.

Each of these publications presents a lucid and informed picture of the foreign exchange market and how it operates, filled with rich insights and reflecting a profound understanding of the market and its complex mechanisms. Roger Kubarych’s report, written twenty years ago, provided a valuable analysis of the foreign exchange market that is still read and widely appreciated by persons interested in gaining a deeper understanding of that market.

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By Sam Y. cross

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