LOOSE CHANGE
LOOSE CHANGE
So far so good for the PHLX's night session. The exchange, which named four specialists at the start of the month (FX Week, June 5), posted average volume during the session of 2,688 contracts. Volume averaged 728 contracts an evening last month.
The Federal Reserve intervened twice in the open market in February, buying a total of $150 million worth of yen in Tokyo in concert with Japanese authorities, the U.S. central bank reported. For the three month period ended April 30, the Fed and the U.S
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