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Mondo Visione  19 min ago  Comment 
Department of Business Oversight Commissioner Jan Lynn Owen has issued the following statement to correct erroneous reports that Coinbase Exchange has received regulatory approval from the State: “Numerous press accounts about Coinbase’s...
Forex News  43 min ago  Comment 
Euro is getting some help in forex trading today, heading higher against its major counterparts in something of a correction. However, it’s uncertain how long the current good news will last. (...)Read the rest of Euro Regains Upper Hand in...
Wall Street Journal  45 min ago  Comment 
Stanley Black & Decker’s profit surged in the fourth quarter as restructuring costs fell and growth in emerging markets helped to offset currency volatility.
The Hindu Business Line  2 hrs ago  Comment 
Currency midday update for Jan 29, 2015 by Mecklai Financial ...
MarketWatch  3 hrs ago  Comment 
Bank of England Gov. Mark Carney has urged eurozone officials to foster stronger growth in the currency union by deepening the fiscal ties between member states.
The Economic Times  5 hrs ago  Comment 
The Russian rouble opened weaker on Thursday on the Moscow Exchange, extending this week's decline as oil weighs. The currency was 0.8 per cent down.
The Economic Times  5 hrs ago  Comment 
The yuan has been showing consistent three-digit growth over the past two years with an increase in value of payments of 321 per cent.
MarketWatch  5 hrs ago  Comment 
Japanese corporate investors pick up dollar as the month draws to an end, boosting the dollar.
Capital Essence's Investment Blog- 錢途集團 » Page not found  9 hrs ago  Comment 
This is Capital Essence’s U.S. Market Trading Map - Daily ETF Trend Report for Thursday January 29, 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...




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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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