FX Markets

FIVE YEARS AGO IN FX WEEK

FIVE YEARS AGO IN FX WEEK

FX Week, July 13, 1992

Funds Win Big in June

Currency fund managers, particularly those that use technical trend following systems, are finally basking in the sunshine again after five months of stormy weather, fund managers across the country say.

Liquidity Fades in Swiss Franc

The success of the ERM in stabilizing movements of the European currencies has had some odd effects: it has reduced the importance of some formerly key currencies that have joined it, such as sterling, and given

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