Forex News  16 min ago  Comment 
The New Zealand dollar rose during Monday’s quiet trading as weakness of the US dollar helped the currency to log gains. While the start of the week is rather uneventful, the rest of the week should be much more interesting with...
Forbes  4 hrs ago  Comment 
The key takeaway from PepsiCo’s Q1 results is that while organic volume for beverages declined 1%, volume for snacks grew 2%. Snacks continue to outperform beverages in almost all markets for the food and beverage giant, and this, again, could...
The Hindu Business Line  6 hrs ago  Comment 
Currency midday update for April 27, 2015 by Mecklai Financial ...
MarketWatch  11 hrs ago  Comment 
The dollar trades flat against its main rivals Monday, as traders looked ahead to monetary policy meetings in the U.S. and Japan, as well as a preliminary look at first-quarter gross domestic product growth, expected in the second half of the week.
Financial Times  Apr 26  Comment 
Currency strength set to wipe more than $2bn from quarterly sales
Forex News  Apr 25  Comment 
The US dollar ended the week mixed but will likely end April as the weakest currency on the Forex market. The reason for the lackluster performance is the fact that many market participants no longer anticipate an early interest rate...
Clusterstock  Apr 24  Comment 
There's a new regulator in town. Daniel Roberts at Fortune reports that Benjamin Lawsky, superintendent of the New York Department of Financial Services, is putting the finishing touches on BitLicense, a policy that "will require digital...
MarketWatch  Apr 24  Comment 
Another big impediment to a stronger dollar lies in two key central bank meetings next week.


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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