Single Currency Focuses Minds For Forex As ACI Delegates Head Off To Frankfurt

FOREX '96 CONGRESS

European Monetary Union will be the hot topic for Forex '96 delegates as they gather in Frankfurt for the annual Association Cambiste Internationale (ACI) congress this week. With widespread gloom in the industry in Europe about the impact of a single currency on employment for traders, delegates will pay far more attention than usual to the central bank contributions to Friday's conference programme.

The sensitivity of the single currency issue is underlined by a sharp reaction from a senior