It may seem that a brief history has nothing to do with currency trading, which takes place today, but even a modest perspective adds some essence and depth of knowledge for the trader. "A person who has information only about his own generation is always a child," George Norlin once said.
Chronological stages of a brief history
- Ancient times
- Gold Standard, 1816-1933
- Federal Reserve System (Fed)
- Assets and currency commission fee, 1933-1934
- The Bretton Woods system, 1944-1973
- The end of the Bretton Woods system and the arrival of floating exchange rates
- International Currency Market
- The New Millennium
- The appearance of the euro
- CFTC and NFA
- History of the currency exchange development