How Does A Central Bank Control The Foreign Exchange Market Forex? | All About Money Online

There really is no single unified foreign exchange market that is controlled by any central bank. However, there are main trading centers in London, New York and Tokyo as well as some smaller centers throughout the world, but these do not “control” FX. Instead, the FX market is controlled by, well the market itself. This is mainly due to the over-the-counter nature of the FX and the little, if any (arguably) insider information available.

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