RECENT NEWS  4 hrs ago  Comment 
UBER is on the offensive in Europe, filing official complaints against France, Germany and Spain. Meanwhile, McDonald’s has agreed to pay its workers more.
Mondo Visione  5 hrs ago  Comment 
Insured U.S. commercial banks and savings institutions reported trading revenue of $4.4 billion in the fourth quarter of 2014, down $1.3 billion, or 22 percent, from $5.7 billion in the third quarter, the Office of the Comptroller of the Currency...
Mondo Visione  7 hrs ago  Comment 
Richard Taft today was named to be Deputy Comptroller for Credit Risk at the Office of the Comptroller of the Currency (OCC). In this role, Mr. Taft will serve as a principal advisor on credit risks facing the banking system and oversee the...  7 hrs ago  Comment 
Monsanto's quarterly profits fall more than investors had expected, thanks to corn and currency setbacks. But it is on track with full year profits
Benzinga  9 hrs ago  Comment 
Chatter about uncertain estimates about Coffee production has brought in some buyers Wednesday. May N.Y. Coffee is trading at 138.55, up 5.65. July Coffee is trading at 141.75, up 5.65. Trading is choppy and higher and wide ranges are...
Yahoo  9 hrs ago  Comment 
While companies have issued forecasts mentioning "currency headwinds," most Wall Street analysts are not updating their estimates to reflect those rapidly moving exchange rates. North American public companies could give up more than $25 billion...
Benzinga  Apr 1  Comment 
In a report published Wednesday, Imperial Capital analyst Jeff Kessler reiterated an Outperform rating and $70.00 price target on Verint Systems, Inc. (NASDAQ: VRNT). In the report, Imperial Capital noted, "We are maintaining our Outperform...
Financial Times  Apr 1  Comment 
Incumbent dismisses efforts to paint him as a europhile as polls show public opposition to currency
MarketWatch  Apr 1  Comment 
The dollar lost a little ground Wednesday, hurt by weaker-than-expected readings on the U.S. economy.


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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