In the United States only about 12 percent of banks’ dealings are with industrial companies and other institutions that need currencies for purposes other than speculation according to Gretchen Greene a senior vice president at the Federal Reserve

As Wilson tried to reassure the House of Commons Tuesday the dollar was tumbling to a record-low close of exactly 71 cents U.S. and there were strong indications rates were poised for another jump.

Selecting the right foreign exchange (forex) adviser or manager is vital. For speculative forex dealing daily forex information is essential. For hedging only a daily or weekly update of information may be enough. Each company has its own way of ev

Traders say the trend is adding depth and breadth to the New York market where more than 100 non-U.S. banks already trade foreign exchange. But it also increases competition among the banks for experienced currency traders -- and for customers.

Comecon officials who briefed reporters after the session said the Soviets suggested hard currency trading at world market prices begin in 1991 replacing trading in the non-convertible Soviet ruble.

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When you look at where the market finished it looks like the dollar didn't do anything today '' said Joseph Volpicella manager of foreign exchange at the Union Bank of Switzerland in New York.

Under cross-examination by [Nancy Hoover Hunter] attorney Richard Marmaro Mitrovich said Hunter's power in the office derived from her personal relationship with Dominelli. He said he thought that only Dominelli engaged in the company's currency-tra

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Masakazu Miyamori the treasurer of Sanwa Bank New York said commercial buyers and sellers were fairly active in U.S. currency trading with many buyers favoring the British...

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Chase's asset growth in Europe has not kept pace with earnings growth. But that can be attributed largely to fluctuations in currencies and markets the bank and other observers said.

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