Technology can help stabilise currency markets (FT.com via Yahoo! News)
Story date: 2007-11-19 11:55:17
Added on: 2007-11-20 02:00:05
The credit squeeze has swept currency markets into another period of volatility. The instability - and tendency for currency pricing to skew away from any connection with reality - is exacerbated by a feature of foreign exchange trading that has received little attention: how interest rates are handled.
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