RECENT NEWS
Forbes  7 hrs ago  Comment 
While we expect Disney to post continued growth at ESPN and its theme parks, currency headwinds may weigh on the company's operations in the March quarter. While the studio business likely benefited from the success of Cinderella, it may have a...
TheStreet.com  9 hrs ago  Comment 
NEW YORK (TheStreet) -- Here's are two future headlines we could see sooner than you think. First: China's Currency Declared to Be Fairly Valued.  Following that: China's Currency Achieves World Currency Status. Must Read: Warren Buffett's 7...
The Australian  10 hrs ago  Comment 
The dependence of BHP’s valuation on the $US/$A exchange rate means that how you should invest in resources stocks has changed.
MarketWatch  11 hrs ago  Comment 
Dozens of countries are trying to lower the value of their currency to boost exports, and now U.S. policy makers are being forced to react, writes Nouriel Roubini
Reuters  May 1  Comment 
Venezuela's volatile currency undercut profits at a number of large U.S. companies during the first quarter, an ongoing problem that could force some of them to exit the South American country or write down all of their assets there.
Agrimoney.com  May 1  Comment 
The US timber giant, noting port hold-ups and currency headwinds, unveils worse-than-expected results for the January-to-March quarter
Euromoney  May 1  Comment 
Hedging experts share their advice on how to find the most suitable product and negotiate the best possible price, and what to do if your hedges go pear-shaped.




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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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