RECENT NEWS
Wall Street Journal  1 hr ago  Comment 
Keurig Green Mountain Inc. said its December quarter included weaker-than-expected holiday sales and warned that results for the year ending in September will be hurt by foreign exchange rates.
MarketWatch  3 hrs ago  Comment 
From Singapore to Switzerland, the epidemic of central banks devaluing their currencies to fight sluggish growth rates amid a dearth of policy options--a trend that some economists have dubbed a currency war--has resulted in the highest foreign...
Benzinga  5 hrs ago  Comment 
Bitcoin has seen a lot of criticism over the past year, with many turning a skeptical eye to the cryptocurrency that exploded in 2013. Dubbed the worst currency investment in 2014, bitcoin has been regarded as an unstable, unsafe currency that is...
The Economist  7 hrs ago  Comment 
THE term "currency wars" has been bandied about ever since Guido Mantega, the Brazilian finance minister, used it in 2010. He was complaining that quantitative easing (QE) by the US was weakening the dollar, and prompting a response from other...
Reuters  8 hrs ago  Comment 
Waves of cheap money from central banks have shielded stocks from the volatility besetting currency and commodity markets, but increasing disparities in company earnings forecasts suggest that could soon change.
Financial Times  8 hrs ago  Comment 
Congress wants the US to act on foreign exchange manipulation
Wall Street Journal  9 hrs ago  Comment 
Clorox said its revenue rose 2.8% on stronger volume and price increases in the December quarter, though currency impacts weighed on the growth.
Forbes  9 hrs ago  Comment 
Merck reported fourth quarter earnings slightly ahead of Wall Street estimates on Wednesday, but warned that a stronger dollar would continue to eat into revenues.
Motley Fool  9 hrs ago  Comment 
Foreign exchange takes a bite out of management's profit plan for 2015.
Wall Street Journal  10 hrs ago  Comment 
Ralph Lauren earnings fell 9.2% in the holiday quarter as currency impacts dented sales growth, which led the apparel company to again cut its revenue outlook for the year.




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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

RON

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki