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Capital Essence's Investment Blog- 錢途集團 » Page not found  12 min ago  Comment 
This is Capital Essence’s U.S. Market Trading Map - Daily ETF Trend Report for Thursday August 20, 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...
Market Intelligence Center  7 hrs ago  Comment 
Last week the People’s Bank of China (“PBOC”) took the unexpected action of devaluing their currency, the Yuan (Renminbi), for three consecutive days. It never ceases to amaze me how the unexpected can work people into a frenzy. The only...
Forbes  8 hrs ago  Comment 
China’s recent move to devalue its currency has shocked world markets. But it’s less of a shock if one keeps in mind what economist Hyman Minsky taught us about financial fragility and economic instability.
Wall Street Journal  10 hrs ago  Comment 
China says its recent currency devaluation was a move toward a more market-determined exchange rate, but the world is right to question the true motives, writes Greg Ip.
The Hindu Business Line  10 hrs ago  Comment 
A reversal pattern on the chart increases the danger of the currency hitting fresh lows
MarketWatch  10 hrs ago  Comment 
Dealing with the prospect of a rise in U.S. interest rates was bad enough, but China’s surprise devaluation of the yuan last week threatens to accelerate currency weakness—and capital outflows—from the region.
Financial Times  11 hrs ago  Comment 
FTSE 100 ends at a seven-month low, its third-lowest close of the year
Benzinga  Aug 19  Comment 
Last week, China altered its currency management strategy, resulting in a 3% devaluation of its currency, the yuan, versus the U.S. dollar.  Despite reports suggesting otherwise, this is not the first time China has used its currency’s...
Financial Times  Aug 19  Comment 
Central bank governor says he will ‘slash’ exchange controls ahead of full currency convertibility
Forbes  Aug 19  Comment 
Direct Relief, a charity known for its efficient giving, launches an eight-day campaign with a Bitcoin startup to take advantage of the currency's ability to be moved across borders at practically no cost.




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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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