Clusterstock  5 hrs ago  Comment 
Twitter is trying to take on Google and Amazon with its newest offering, and investors seem to love it. Periscope, Twitter's live-streaming app, announced a "Super Hearts" feature today. The feature allows users to tip broadcasters, a move that...
MarketWatch  Jun 21  Comment 
Sterling finds support after sinking to a two-month low versus the greenback.
The Hindu Business Line  Jun 21  Comment 
Commodity-linked currencies such as the Canadian dollar and the Norwegian crown were on the back foot on Wednesday, dragged lower by declining oil prices, while sterling wallowed near two-month lows.
The Economic Times  Jun 21  Comment 
Investors piled into the euro this quarter, helping it gain against almost every major currency.
The Hindu Business Line  Jun 21  Comment 
Currency daily report for June 21, 2017 by Veracity Financial Services ...
The Economic Times  Jun 21  Comment 
In the latest policy tweak, the PBOC has included a method for fixing daily mid-point around which the currency is allowed to trade.
Clusterstock  Jun 20  Comment 
LONDON — Bank of England Governor Mark Carney on Tuesday warned of the dangers of stripping London of its €900 billion a day clearing business, saying that fragmenting the industry is in "no one’s economic interest." Speaking in London,...
MarketWatch  Jun 20  Comment 
The pound takes out the $1.27 level after Bank of England Gov. Mark Carney rules out an imminent rate increase.


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


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