Bretton Woods Agreement



A 1944 agreement (made in Bretton Woods, New Hampshire), which established fixed foreign exchange rates for major currencies, provided for central bank intervention in the currency markets, and pegged the price of gold at U.S. $35 per ounce. The agreement was overturned by President Richard Nixon in 1971, and he established a floating exchange rate for the major currencies.

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ESM2 Jun '12 Emini S&P 475 132725 10:47:05 PM                  GCLM2 Jun '12 GBXCrdOil 40 9321 10:45:09 PM                  ZCN2 Jul '12 GBX Corn 4 6204 10:47:07 PM                  ZBM2 Jun '12 GBX BOND -80 146180 10:47:05 PM                  IDXM2 Jun '12 ICE $Index -94 81430 10:55:41 PM                 


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