RECENT NEWS
MarketWatch  60 min ago  Comment 
The U.S. dollar on Tuesday hung around three-month highs against its major rivals, getting a break after a rally fueled by moves that had pushed the U.S. benchmark Treasury yield closer to the widely watched 3% level.
Forex News  4 hrs ago  Comment 
The New Zealand dollar was the weakest major currency today, falling for the sixth straight trading session versus the US dollar and for eighth versus the euro and the extremely weak Japanese yen (which was the second weakest). There...
Financial Times  9 hrs ago  Comment 
Concerns grow as sliding lira raises cost of servicing foreign currency loans
MarketWatch  Apr 23  Comment 
U.S. dollar bulls feel vindicated by the recent jump in the greenback, but currency positioning data from last week, which showed growing bearish dollar bets, perhaps, raising concerns for some about the longevity of the current rally.
MarketWatch  Apr 23  Comment 
Two of bitcoin’s most prominent advocates took to the stage Saturday to debate why the No. 1 digital currency has a bright future and is here to stay.
MarketWatch  Apr 23  Comment 
Japan will consider ditching its ultraloose monetary policy as soon as inflation meets the 2% inflation target, Bank of Japan Gov. Haruhiko Kuroda told CNBC in a weekend interview.
MarketWatch  Apr 23  Comment 
The greenback rally on Monday, notably against the yen, with a key dollar index ascending to a three-month high as a U.S. benchmark yield was on the cusp of breaking above a psychologically significant level at 3%.
Clusterstock  Apr 23  Comment 
Bitcoin Cash is up 17% against the dollar on Monday. The cryptocurrency has risen 80% over the last seven days. An upcoming 'fork' of the currency — a change to its underlying code — appears to be supporting the price rally. Follow the...
The Economic Times  Apr 23  Comment 
USA, has placed New Delhi on its currency monitoring list a group of nations the US believes could be manipulating exchange rates to gain an edge over it in trade.
Yahoo  Apr 23  Comment 
Iran's central bank has banned the country's banks from dealing in cryptocurrencies, including Bitcoin, over money-laundering concerns, the state news agency IRNA reported on Sunday as the country tries to halt a currency crisis. "Banks and...




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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 or floating rate 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 a floating rate regime, supply and demand dictates the currency's exchange rate.

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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