RECENT NEWS
The Hindu Business Line  33 min ago  Comment 
Currency daily report for March 5, 2015 by Veracity Financial Services
The Economic Times  5 hrs ago  Comment 
A surge in the equity index usually led to the domestic currency firming up against the dollar as foreign funds that drive up stocks also provide support to rupee.
Capital Essence's Investment Blog- 錢途集團 » Page not found  7 hrs ago  Comment 
This is Capital Essence’s U.S. Market Trading Map - Daily ETF Trend Report for Thursday March 5, 2015. From a list of more than 30 U.S. listed Currency (FOREX) the scan conducted after the close had found a couples of interesting trading...
Channel News Asia  9 hrs ago  Comment 
TODAY reports: Currency changes and fall in number of international visitors some of the factors leading to the fall in hotel room rates, says Hotels.com Regional Director Katherine Cole.
Euromoney  Mar 4  Comment 
China’s currency might look overvalued, but that is only half the story.
Market Intelligence Center  Mar 4  Comment 
Amid low interest rates and lower returns from U.S. fixed income instruments such as Treasury bonds and corporate bonds, investors are in search of yields. One place where they can quench their thirst is the attractive emerging market local...
Channel News Asia  Mar 4  Comment 
Analysts say China had to cut interest rates and ease policy to manage its own growth and rebalance the economy.
Forbes  Mar 4  Comment 
With the U.S. dollar peaking at 11-year highs versus a basket of currencies on Wednesday, and ahead of several major central bank rate announcements, investors would be wise to remain vigilant in a currency war that's being redefined by new...




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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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