Forex Trading Made Easy

For those who are not only interested in forex trading made easy tutorials but the history of forex trading, here is a chronology of the forex history marking major events that took place:

1913 - US Congress created the Federal Reserve System

1933 - Congress passes the Securities Act of 1933 to counteract the 1929 Great Crash

1934 - The Securities Exchange Act of 1934 saw the creation of the Securities and Exchange Commission

1936 - Commodity Exchange Act was legislated to stabilize the futures market

1944 - The Bretton Woods Accord was established to stabilize world economy after the World War II

1971 - The Smithsonian Agreement was established to allow for currency fluctuations

1972 - The International Monetary Market was established as part of the Chicago Mercantile Exchange

1972 - The European Joint Float was created as the European community sought to rely lesser on the US Dollar

1973 - The Smithsonian Agreement and European Joint Float failed and resulted in a switch to a free floating system of currencies

1974 - The Commodity Futures Trading Commission was formed as a regulatory body for the futures and options markets

1978 - The European Monetary System was created to firmly alienate itself from over-reliance on the US Dollar

1978 - Free-Floating System was officially set as mandatory by the International Monetary Fund, IMF

1993 - The European Monetary System fails to make way for a global free floating currency system

1994 - Online currency trading takes place

2000 - Commodity Modernization Act sets the new rules and regulations for securities derivatives as well as currencies in futures

2002 - The “Euro” debuts as the official currency of 12 European countries on 1 Jan

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