RECENT NEWS  10 hrs ago  Comment 
This weekend marks the fifth anniversary of the start of the crisis - but how long will it take for the currency bloc to return to sustainable growth? Continue reading...
Financial Times  10 hrs ago  Comment 
Bank takes top spot in equities trading with $1.8bn of revenues
The Hindu Business Line  Oct 17  Comment 
Currency midday update for Oct 17, 2014 by Mecklai Financial ...
SeekingAlpha  Oct 17  Comment 
By Albert Alfonso: Early on Thursday, Philip Morris (NYSE:PM) announced its Q3 2014 results. The company posted a pretty good quarter. Reported EPS came in at $1.38, down 4.2% from $1.44 last year. When adjusted for unfavorable currency, EPS was...
Reuters  Oct 17  Comment 
Reuters Market Eye - The rupee is trading at 61.70/dollar vs previous close of 61.8350/8450, tracking stronger Asian currencies after solid U.S. data on unemployment benefits and industrial output.
BusinessWeek  Oct 16  Comment 
Commodities suffer from slumping demand—and the robust U.S. currency
SeekingAlpha  Oct 16  Comment 
By WisdomTree: By Jeremy Schwartz In most cases, when investors think about international equities, they consider the fact that they are gaining exposure to the performance of the equities. However, that's not the only investment they are...  Oct 16  Comment 
Correction thesis likely correct in medium-term, but in short-term currency bloc is dark cloud over global economy refusing to shift Who do you want to believe, the cautious optimists who think the current rout in financial markets, especially...
Financial Times  Oct 16  Comment 
Mounting concern over continued slide in the currency


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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