by Sam Y. Cross, The Federal Reserve Bank of New York, 1998.

The focus of this book is on the U. S. segment of the global foreign exchange market. Chapters 1-3 describe the structure of the market and how it has changed. Chapters 4-6 comment on the main participant groups and the instruments that are traded. Chapters 7-8 look at foreign exchange trading from a micro, rather than macro, point of view - how an individual bank or other dealing firm sees things. Chapters 9-11 comment on some of the broader issues facing the international monetary system and how governments, central banks, and market participants operate within that system. (Amazon.com)

"Over the past forty years, the Federal Reserve Bank of New York has published monographs about the operation of the foreign exchange market in the United States. The first of these reports, The New York Foreign Exchange Market, by Alan Holmes, was published in 1959. The second, also entitled The New York Foreign Exchange Market, was written by Alan Holmes and Francis Schott and published in 1965. The third publication, Foreign Exchange Markets in the United States, was written by Roger Kubarych and published in 1978...."

All About...the Foreign Exchange Market in the United States Official Webpage

You can download the entire book. Assorted PDF.

Published by The Federal Reserve Bank of New York.

The Federal Reserve Bank of New York Official Website

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