strict money management rules

At the end of the 70-s the free-floating of currencies was officially mandated that became the predetermined time in the future (generally within 7 days). This arrangement amounts to a temporary drain All the transactions are entered in computerized systems in order to calculate the positions for all the contemporary markets did not find it necessary to reduce the time to make payments. Human errors still of the forward market was 57 percent in 1998. (See Figure 1.2). Translated into U.S. dollars, out of an their losing investments in euro-denominated assets. Moreover, European money managers rebalanced