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HomeForex Manipulation: Add It To The List
Posted by Larry Doyle on June 12th, 2013 10:00 AM |
Is it possible to manipulate the largest market in the world, that being, the foreign exchange market?
Well, if it is possible to manipulate the setting of overnight interest rates (i.e Libor et al) impacting trillions of dollars of derivative contracts and the pricing of equities (i.e. via high frequency trading), we should not be surprised that those on Wall Street are also able to manipulate prices within the foreign exchange markets . . . . and have been doing so for a long time.
In what might only be defined as another nail in the coffin of free and fair markets, Bloomberg exposes the stench of this manipulative activity. (more…)
