£112.47

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£112 today · usual range £107–£113 · best ever £107

Oxford University Press Forex Forever: The City of London and the Foreign Exchange Market since 1850

Amazon

Price History & Forecast

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Last 76 days · 76 data points (no recent data)

Historical
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£112.54 £105.97 £107.41 £108.84 £110.27 £111.70 £113.14 01 August 2026 19 August 2026 07 September 2026 26 September 2026 15 October 2026
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Price Distribution

Price distribution over 76 days • 3 price levels

Days at Price
Current Price
4 days 43 days 29 days · current 0 11 22 32 43 £107 £108 £113 Days at Price

Price Analysis

Most common price: £108 (43 days, 56.6%)

Price range: £107 - £113

Price levels: 3 different prices over 76 days

Description
The world's largest market is that for foreign exchange with a turnover running into trillions per day. The mystery is why this market is dominated by trading in London when the US dollar is the main currency in use. What role is played by this market? To many it is a speculator's paradise, exposed to manipulation and contributing to currency volatility. For others it plays a central role in in the operation of the global banking system and a mechanism for maintaining currency stability. In Forex Forever, Ranald C. Michie seeks to provide answers to these and other questions by examining how the foreign exchange market has developed in the City of London over the past 150 years and uncovers its secret existence in London before the First World War. Michie explores how the City of London became the centre of the global foreign exchange market before 1914 through the international banking network, trading on the floor of the Stock Exchange, and the communications revolution that began with the telegraph. He investigates how that position was sufficient to make London the centre of a new foreign exchange market that emerged between the wars, survived the era of fixed exchange rates after the Second World War, and then flourished from 1970 onwards. This in-depth study helps to explain how and why the global monetary system has functioned since the middle of the nineteenth century.

Product Specifications
Brand
Oxford University Press
Format
hardcover
ASIN
0198903693
Category
Books > Subjects > Business, Finance & Law > Accounting > International
Domain
Amazon UK
Release Date
29 March 2024
Listed Since
01 November 2023

Barcode

No barcode data available

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