Cover Story : Trading Up

Automated trading systems are helping fuel dramatic growth in the already-huge foreign exchange market. The growth of the foreign exchange market over the past two decades has been astonishing by almost any measure. When the Bank for International Settlements, based ...

Corporate Finance :Us Dollar Policy Confusing At Best

THE AMERICAS The US administration’s assertion that its dollar policy remains unchanged did little to clarify exactly what that policy is, analysts say. President Bush’s comments in early June that the dollar was devalued inappropriately and that the administration’s policy ...