RECENT NEWS
Financial Times  6 hrs ago  Comment 
Emerging markets currency crash has left Fed chairman Powell unmoved
The Economic Times  Jun 16  Comment 
The MSCI Emerging Markets Index of equities slumped 1.9 percent for the week, the biggest drop in a month,
Clusterstock  Jun 15  Comment 
Actor William Shatner of Star Trek fame wants bitcoin miners to start using solar. He's the spokesman for Solar Alliance, a Canadian solar company. Solar Alliance bought a warehouse in Illinois that will be equipped with a 3-megawatt solar...
MarketWatch  Jun 15  Comment 
The leading U.S. dollar index on Friday struggles for direction, trading within a narrow break-even range, as traders weigh the next round of tariff-fueled tensions between the U.S. and China against a dynamic in global monetary policy that should...
Forbes  Jun 15  Comment 
Central bankers just don’t see the job that cryptocurrencies like Bitcoin do as being useful to central banks in their role of serving society.
The Hindu Business Line  Jun 15  Comment 
The single currency slumped nearly 1.9 per cent, its largest one-day fall since Brexit vote shock
New York Times  Jun 14  Comment 
Pulling back on previous comments, Joseph M. Otting, the comptroller of the currency, said that he does believe that discrimination exists in lending and housing.
guardian.co.uk  Jun 14  Comment 
Ex-Trump strategist calls cryptocurrency ‘disruptive populism’ and says he is interested in making a currency of his own It’s been a tough few days for bitcoin. On Sunday, the South Korean cryptocurrency exchange Coinrail was hacked, which...
MarketWatch  Jun 13  Comment 
The bloodbath in the digital currency market is showing no signs of abating with all major coins trading in the red Wednesday.




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See also Currency Pairs.

A currency is a unit of exchange that can be used to purchase goods and/or services in one or more countries. With the notable exception of the European Union, most countries have a monopoly over the production and supply of their respective currencies.

Depending on the way a country manages its currency in the foreign exchange market, it can be either fixed rate (as in China) or floating rate (as in the United States) with respect to other currencies. In a fixed rate regime, the currency's value is matched to the value of another currency, a basket of currencies or some other measure of value (like gold) - in such cases, the country's central bank will trade the currency to maintain the fixed exchange rate - for example, by agreeing to always exchange a fixed amount of the country's currency for a fixed amount of the currency to which it's pegged. In a floating rate regime, supply and demand dictates the currency's exchange rate, and the currency's value will fluctuate on the basis of the country's balance of trade, deficits, interest rates, and other factors

Current exchange rates are called spot prices. In contrast, Exchange rates set for currency transactions in the future are called forward prices. These prices are generally specified in forward contracts that are used by cross-border companies to hedge against currency risk.

This is the chart for Euros per 1 U.S. Dollar. Scroll down for a list of other currencies on Wikinvest.



Currencies on Wikinvest

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