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MarketWatch  Aug 18  Comment 
After being arrested by federal agents for allegedly hacking videogame giant Electronic Arts Inc. system, Martin Marsich tried to post a $750,000 bond with cryptocurrency. That’s when Masich, federal authorities and the court ran into problems...
Reuters  Aug 17  Comment 
Moody's cut Turkey's sovereign credit rating deeper into "junk" territory on Friday, citing a weakening of public institutions and the related reduction in the predictability of policy making in a country which is facing a currency crisis.
SeekingAlpha  Aug 17  Comment 
Financial Times  Aug 17  Comment 
Funds trying to increase returns have been caught out by the falling currency
Channel News Asia  Aug 17  Comment 
Investors pulled billions from equities this week, shifting into bonds and high dividend-yielding sectors as Turkey's currency crisis sparked a global selloff and emerging markets entered bear territory, an analysis of fund flows showed on Friday.
MarketWatch  Aug 17  Comment 
Treasury yields see muted trade Friday as fears over the Turkish lira’s decline were offset by reports that Washington and Beijing were laying the groundwork for possibly ending their protracted trade dispute by November.
Clusterstock  Aug 17  Comment 
Media reports in recent weeks have suggested President Donald Trump is ready to stage an intervention to weaken the dollar. A note from Macquarie this week highlighted a series of issues with any attempt to do so. Interventions from major...
MarketWatch  Aug 17  Comment 
Emerging-market equities are threatening to drop into bear-market territory, weighed down by Turkey’s currency crisis and concerns about growth, turning one of 2017’s strongest equity categories into one of the weakest of 2018.
CNNMoney.com  Aug 17  Comment 
The yuan has become caught up in the trade fight between China and the United States.




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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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