As Industry Contracts, Unemployment Swells Worst Period Since Rates Started Floating
BANKS
As some traders have already found out, jobs in the foreign exchange market are getting harder and harder to find and competition for them is getting more and more intense. In a market that has been growing dramatically since rates began to float in 1972, the change is both startling and unnerving, but few expect that it will get better before it gets worse.
While Wall Street has been in the throes of a recession since 1987, the foreign exchange market has remained relatively buoyant, that is
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